RatingDog China Services PMI Quickens in August

MT Newswires Live

2小時前

Business activity across China's private service sector expanded in August, with the headline RatingDog China General Services Business Activity Index, compiled by S&P Global, coming in at 51.4, according to data released on Thursday.

The latest reading beat the consensus forecast of 50.6 tracked by Investing.com and compared with the 50.4 recorded in the previous month.

The monthly momentum was primarily driven by new business, greater market demand, financial improvements, client recruitment, and innovation.

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