FX & CFD trading involves significant risk
The Caixin/Markit Services Purchasing Managers' Index (PMI) for China declined to 51.2 in May from 51.8 in April, missing expectations for a rise to 52.0.
The decline was mainly driven by a slower growth in new business and job creation.
"All of the index categories, with the exception of output prices, which remained stable, showed signs of deterioration," Dr. Zhengsheng Zhong, Director of Macroeconomic Analysis at CEBM Group said.
|remaining time till the new event being published|
All posted material is a marketing communication solely for informational purposes and reliance on this may lead to loss. Past performance is not a reliable indicator of future results. Please read our full disclaimer.