China Services PMI Slips to Lowest Since Late 2022
I'm PortAI, I can summarize articles.
China’s official NBS Non-Manufacturing PMI fell to 49.4 in January 2024 from 50.2 the previous month, missing market expectations of 50.3 and marking the lowest reading since December 2022.The decline was due to weak post-holiday demand, cautious consumer spending, and ongoing stress in the property sector.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Trading Economics The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments