The Finance Insider blog

Search This Blog

Blog Archive

The Finance Insider

Tuesday, November 5, 2013

China HSBC services PMI ticks up in October.

The HSBC China services PMI edged up to 52.6 in October from 52.4 in September, which, says HSBC, "should help cement China's growth momentum in the coming months." Although the generally upbeat tone of the report is consistent with the October reading for the country's official non-manufacturing PMI, the two surveys differ over new orders, with HSBC more positive than the government.

No comments:

Post a Comment