Open Demo Account
Home / Market Update / China Caixin Services PMI Rose to 57.8 in November

China Caixin Services PMI Rose to 57.8 in November

Adel 3 December, 2020 1:03 pm Market Update

Chinese Caixin Services PMI rose to 57.8 in November from 56.8 in October, the second highest reading since April 2010.

Total new business grew in November to the highest level since April 2010, with new export business expanding for the first time in five months.

It is reported that the Caixin Composite PMI rose to 57.5, the largest increase in total Chinese production since March 2010.

Tags

Check Also

US Stock Market Eyes Fresh Record as Wall Street Shrugs Off Trump’s Tariff Threat

US stocks mostly shrugged off President-elect Donald Trump’s threat to impose fresh tariffs on China, …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends