China Caixin/Markit PMIs for October
Composite 49.9
– prior was 48.0
Services 52.0
– prior was 50.5
Key points from Markit:
– Growth of services activity picks up, but manufacturing output falls further
Comment from Dr.
He Fan, Chief Economist at Caixin Insight Group:
China October Services PMI 52.0 (prior 50.5) & Composite 49.9 (prior 48.0)
