China Services Growth Eases to Four-Month Low in Further Blow to Economy: Caixin PMI

08 March 2019
China’s services sector expanded at the slowest pace in four months in February, pressured by fewer new orders at home and abroad, a private survey showed on Tuesday, underlining growing strains on the economy and a challenging outlook for businesses this year.
The Caixin/Markit services purchasing managers’ index (PMI) fell to 51.1, the lowest since October and down sharply from January’s 53.6.
 
Source:   Reuters
Post by : Republic of Turkey Ministry of Trade