China Caixin June 2025 Services PMI 50.6 (prior 51.1) ...Middle East

Services 50.6, the slowest growth in 9 months

prior 51.1

Hiring slowed, with service providers cautious on employment, leading to the fastest buildup of backlogs in a year.

Despite the softness, business sentiment remained positive, though expectations were broadly unchanged from May.

prior 49.6

Earlier this week:

China official PMI data for June 2025, Services 50.5, Composite 50.7China Caixin June 2025 Manufacturing PMI 50.4 (expected 49.0, prior 48.3)

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This article was written by Eamonn Sheridan at www.forexlive.com.

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