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China's Caixin Services PMI for Oct. 50.4 versus 51.2 estimate
Prior month 50.2Services PMI 50.4 versus estimate of 51.2Composite PMI 50.0 versus 50.9 previouslyDetails:China's services activity expanded slightly faster in October at 50.4 versus 50.2 last month but below the estimate of 51.2, Sales in the services sector grew at the softest rate in 10 months, and employment remained stagnant, while business confidence decreased.The services sector accounts for approximately 48% of jobs in China.The Caixin/S&P Global services purchasing managers' index (PMI)...
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Posted: Nov 3 2023, 01:46
Author Name: forexlive
Views: 112159