China’s PMI services rose to 51.5 in Nov, composite rose to 51.6

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<p>China’s Caixin PMI Services rose from 50.4 to 51.5 in November, above expectation of 50.8. PMI Composite rose from 50.0 to 51.6. Wang Zhe, Senior Economist at Caixin Insight Group said: “Overall, the macroeconomy showed signs of a positive recovery, with steady growth in consumer spending, solid progress in industrial production and improved market expectations. […]</p>
<p>The post <a href="https://www.actionforex.com/live-comments/530236-chinas-pmi-services-rose-to-51-5-in-nov-composite-rose-to-51-6/">China’s PMI services rose to 51.5 in Nov, composite rose to 51.6</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>

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