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
Event Details
Impact:
High
Country:
Symbol:
CNY
Latest Release
Previous:
54
Consensus:
53.4
Actual:
51.2
Next Release
Date:
01:45 AM, 5 Aug 2024 (in 8 days)
Time left:
in 8 days
Consensus:
50.6