Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
CN Oct Caixin Services PMI Rises to 3-mth High of 52, Beating Forecasts
Recommend 5 Positive 13 Negative 3 |
||||
|
||||
|
The Caixin China General Services PMI for October was 52, beating market consensus of only 50.5, up 1.7 ppts MoM, a nearly 3-month high, suggesting that the prosperity of the service sector picked up, according to Caixin.com. The supply and demand for the service sector expanded at a rate better than that of the manufacturing sector in October, with simultaneous improvement in supply and demand, a rebound in enterprises' confidence from a low level, stabilized employment, marginal easing of cost pressures and increased optimism. AAStocks Financial News |
||||
Copied to Clipboard
 |
||||
