China’s service sector growth accelerated in July on faster growth in new business inflows, data published by S&P Global showed on Monday. The Caixin services Purchasing Managers’ Index rose to 52.1 in July from 51.2 in June. The score was expected to rise to 51.4. The score has remained above the neutral 50.0 mark since July 2023 but the pace of growth remained below the year-to-date average.
Read Full Story
Latest posts by Top News Editor (see all)
- Singapore Maintains Monetary Policy For Sixth Straight Time - October 14, 2024
- Antipodean Currencies Rise Amid Risk Appetite - October 13, 2024
- Bank Of Korea Cuts Key Rate For First Time In More Than 4 Years - October 13, 2024
