Asian Economic News

China Services PMI Falls To 10-Month Low

China's service sector growth eased to its weakest level in 10 months in June, a survey by Markit Economics showed Wednesday.

The HSBC business activity index, measuring the performance of the service sector, fell to a 10-month low of 52.3 in June from 54.7 in May. An index reading above 50, however, indicates expansion of the sector.

The composite output index, that measures activity in both manufacturing and service sectors, fell to 50.6 in June from 51.9 in May.

by RTTNews Staff Writer

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