China Services PMIChina Services PMIChina Services PMI

China Services PMI

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Key data points

Last release
Observation period
Apr 2024
Next release
Forecast
52.60POINT
Highest
58.40POINT on Jun 30, 2020
Lowest
26.50POINT on Feb 29, 2020

About China Services PMI

Category
Business
Frequency
Monthly
Units
POINT
The Caixin China General Services PMI (Purchasing Managers' Index) is based on data compiled from monthly replies to questionnaires sent to purchasing executives in over 400 private service sector companies. The index tracks variables such as sales, employment, inventories and prices. A reading above 50 indicates that the services sector is generally expanding; below 50 indicates that it is generally declining.