An index measuring the service sectors in China came in with a score of 52.4 in September, the HSBC/Markit Services PMI revealed on Tuesday.
That's down from 52.8 in August, although it remains above the boom-or-bust score of 50 that separates expansion from contraction.
The composite PMI was 51.2 in September, easing from 51.8 in the previous month.
"China's services-activity growth appears to be stabilizing at a faster pace than in the second quarter," HSBC said in a statement. "Combined with the gradual improvement of the manufacturing PMI, the Chinese economy is still on the way to a modest recovery."
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.