China Caixin Services PMI for April 2025 is 50.7 (expected 51.7)
China Caixin Services PMI for April 2025:
Services PMI 50.7, slowest since September 2024
- expected 51.7, prior 51.9
Composite 51.1
- prior 51.8
These are the final of the PMIs due from China for April.
Earlier we've had:
China March official Manufacturing PMI 49.0, this is a 16-month low (the worst contraction since December 2023) expected 49.8, prior 50.5
- Non-Manufacturing PMI 50.4 (services and construction)
China Caixin Manufacturing PMI for April 2025 comes in lower than March but better than expected at 50.4