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China’s non-manufacturing PMI expands 53.8% in June

byCustoms Today Report
02/07/2015
in Latest News
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BEIJING: China’s service sector activity improved in June, an official monthly survey showed here the other day.

The purchasing managers’ index (PMI) for the non-manufacturing sector expanded to 53.8 in June, up from 53.2 for May, according to a report released jointly by the National Bureau of Statistics and the China Federation of Logistics and Purchasing.

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A reading above 50 indicates expansion, while a reading below 50 represents contraction.

 

 

 

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