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China Services Activity Logs Fourth Consecutive Contraction

China’s service sector shrank for the fourth consecutive month in December as the ongoing measures to contain the Covid-19 disrupted operations and hampered demand. At 48.0, the Caixin services Purchasing Managers’ Index rose from a six-month low of 46.7 in November. But a reading below 50.0 suggests the sector remains in the contraction zone. Read […] The post China Services Activity Logs Fourth Consecutive Contraction appeared first on ForexTV... Read More
Posted: Jan 5 2023, 06:12
Author Name: forextv
Views: 110884

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