Services PMI increases in China


(MENAFN) The non-manufacturing PMI rose to a six-month high in China last month signaling a growth in the services sector, Xinhua reported. Figures released by the National Bureau of Statistics reveal that the services PMI increased to 55.4 last month, up by 1.5 percentage points from the month before it. The increasing demand in the services sector is expected to be a key factor in the economic recovery in the coming season.


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