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China’s Caixin PMI services fell to 51.8, waning economic momentum

China Caixin PMI Services for August fell to 51.8, down from 54.1 in July and below market expectations of 53.6. This marks the lowest reading in eight months. According to Caixin, the softer performance was due to a slower increase in business activity and new orders. While employment continued to rise, input cost inflation reached […] The post China’s Caixin PMI services fell to 51.8, waning economic momentum appeared first on Action Forex... Read More

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China

Caixin

Services

Fell

51 Waning

Economic

China s

Momentum

Forex

Posted: Sep 5 2023, 02:52

Author Name: actionforex

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