The privately surveyed PMIs from China for April 2023.
Caixin / S&P Global Services PMI 56.4
- vs. expected 57.3 and previously at 57.8
Composite 53.6
- vs. previously at 54.5
The report highlights these Key findings:
- Slower but still sharp increases in activity and new work
- Input cost inflation quickens to one-year high
- Employment growth moderates, backlogs continue to build
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