Saturday, November 3, 2012

China Oct official services PMI rises to 55.5





China’s official purchasing managers’ index (PMI) for the services sector rose to 55.5 in October from 53.7 in September, the National Bureau of Statistics said on Saturday, adding to signs of a modest economic recovery.


A reading below 50 indicates activity is contracting and one above 50 signals expansion compared with the previous month.









via Business feed http://www.scmp.com/article/1074869/china-oct-official-services-pmi-rises-555-537-sept

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