China Caixin Services PMI

Category: Services PMI
Units: Points
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.
A higher than expected figure should be seen as positive (bullish) for the CNY while a lower than expected figure should be seen as negative (bearish) for the CNY.
Source: S&P Global

Details

Impact:
High
Country:
Symbol: CNY

Latest Release

Previous:
52.5
Consensus: 52.7
Actual:
52.7

Next Release

Date: 01:45 AM, 6 May 2024 (in 16 days)
Time left: in 16 days