China's private sector expanded at the fastest pace in nine months in March on an accelerated rise in services activity, survey data from S&P Global showed on Thursday.
The Caixin composite output index rose to 54.5 in March from 54.2 in February.
The score remained above the neutral 50.0 for the third consecutive month. Moreover, the pace of growth was the steepest since June 2022.
Data showed that a strong rise in services activity was offset by a softer upturn in manufacturing output.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.