China's services sector continued to expand in September, albeit at a slower pace, the latest survey from HSBC Bank revealed on Wednesday with a PMI score of 53.5.
That's down from 54.1 in August, although it remains above the boom-or-bust line of 50 that separates expansion from contraction.
The composite index came in at 52.3 - expanding for the fifth straight month but down from the 17-month high of 52.8 in August.
Composite input prices were a key drag, falling for the first time in five months.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.