×

China’s services sector stages strong recovery, but manufacturing sentiment tumbles

Published Sep 30 2021 at 1:08 AM GMT
Key
Points
  • Activity in China’s services sector bounced back in September, but sentiment in the manufacturing sector contracted, data released on Thursday showed.
  • The official non-manufacturing purchasing managers’ index (PMI) – which measures morale in the services and construction sectors – rose to 53.2 in September, from 47.
  • 5 in August, data from the National Bureau of Statistics (NBS) showed.
  • The figure was above the median forecast of a Bloomberg survey of analysts, which had predicted a rise to 49.




Trending

Stats

  • Published Sep 30, 2021 1:08 AM GMT