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China's Caixin Services PMI unexpectedly drops to 51 in January vs. 52.3 expected

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China's Caixin Services PMI unexpectedly drops to 51 in January vs. 52.3 expected

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New update 2025.02.05 10:48
China's Caixin Services PMI unexpectedly drops to 51 in January vs. 52.3 expected

update 2025.02.05 10:48

China's Services Purchasing Managers' Index (PMI) unexpectedly fell to 51 in January from 52.2 in December, the latest data published by Caixin showed Wednesday.

The data surprised to the downside, missing the estimated 52.3 figure.


Date

Created

 : 2025.02.05

Update

Last updated

 : 2025.02.05

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