The services index in China continued to expand in December, and at an accelerated pace, the latest survey from Caixin showed on Thursday with a PMI score of 53.4.
That's up from 53.1 in November, and it moves further above the boom-or-bust line of 50 that separates expansion from contraction.
Individually, input price inflation remained sharp, although companies have been selling their selling prices at a softer pace.
The composite index came in with a 45-month high score of 53.5 in December, up from 52.9 in November.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.