China's service sector activity gained strength in February with strong support from new business and employment after the easing of pandemic-related restrictions, survey results published by S&P Global showed on Friday.
The Caixin services Purchasing Managers' Index picked up to 55.0 in February from 52.9 in January. The reading was slightly above economists' forecast of 54.7 and the threshold 50.0.
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.
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.