More evidence that China’s growth rate continues to slow with today’s HSBC China PMI data
Composite data signals weaker rates of output and new order growth
- Output and new orders increase at weaker rates at both manufacturers and service providers
- Manufacturers reduce their payroll numbers, while service providers hire additional staff
- Inflationary pressures ease to five-month low at the composite level
2014.01.06 Press Release HSBC China Services PMI – December – PUBLIC
Advertisement