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Caixin Services PMI
The Caixin Services PMI is an economic indicator that measures the performance of China's service sector, based on surveys of purchasing managers. A reading above 50 indicates expansion, while below 50 suggests contraction. It is significant because it provides insights into the health of the service sector, which is crucial for China's economic growth and transition to a consumption-driven economy. Financial markets closely watch this index as it can influence investor sentiment and policy decisions.Next Event
Sep 03, 2025
53
52.5
52.6
Historical Data
Aug 05, 2025
52.6
50.4
Jul 03, 2025
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51
Jun 05, 2025
―
51.1
May 06, 2025
―
51.7
Apr 03, 2025
―
51.6
Mar 05, 2025
―
50.8
Feb 05, 2025
―
52.3
Jan 06, 2025
―
51.7
Dec 04, 2024
―
52.5
Nov 05, 2024
―
50.5
Rows:
Historical Chart
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Importance
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CurrencyCNY
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Other Indicators
+4.22%
+4.25%
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+4.01%
+4.30%
+0.62%