China's Caixin Services PMI for March was 52.7, the previous value was 52.5

Breakings ·  Apr 3 09:45

The March Caixin China General Service Industry Business Activity Index (Service Industry PMI) released on April 3 recorded 52.7, up 0.2 percentage points from February, indicating that the service sector is recovering at an accelerated pace. Since the beginning of 2023, Caixin China's service sector PMI has been in the expansion range for 15 consecutive months, and economic activity in the service sector has continued to expand.

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