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The Caixin China General Service PMI dropped to 50.2 in September 2023 from 51.8 in the previous month, pointing to the softest increase in services activity since the start of the year, as both business activity and new orders grew the least in 2023 to date.

China Services Sector Growth at 9-Month Low

The Caixin China General Manufacturing PMI declined to 50.6 in September 2023 from August’s six-month high of 51.0, and below market estimates of 51.2. This was the sixth time of increase since the start of the year amid several efforts from Beijing to revive a weakening post-pandemic recovery.

China Manufacturing Growth Below Forecasts

The Caixin China General Composite PMI fell to 50.9 in September 2023 from 51.7 in August. This was the ninth straight month of growth in private sector activity but the softest pace since January.

China Composite PMI Lowest in 7 Months

South Korea posted a trade surplus of USD 4.7 billion in September 2023, shifting from a deficit of USD 3.83 billion in the same month a year earlier, and beating market expectations of a USD 1.75 billion surplus, a preliminary reading showed. This was the fourth straight month of trade surplus as imports dropped much more than exports. Sales shrank 4.4% yoy, the 12th consecutive month of decline, amid weakening global demand. Meanwhile, purchases fell 16.5%, the eighth decline so far this year, compared to forecasts of a 17.6% decrease.

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Did you enjoy our Chainlink call?

Stacking on XRP

Technically, ETHEREUM seems bullish

Double top on Bitcoin

Latest News

China Services Sector Growth at 9-Month Low

China Manufacturing Growth Below Forecasts

China Composite PMI Lowest in 7 Months

South Korea Trade Surplus Larger than Estimated

Upcoming Events

New Zealand Building Permits MoM

Australia Judo Bank Manufacturing PMI Final

Japan Tankan Small Manufacturers Index

Japan Tankan Large All Industry Capex

Trending Symbols And Events

Most latest news, events and ideas for smart decisions

Latest Ideas

Did you enjoy our Chainlink call?

Stacking on XRP

Technically, ETHEREUM seems bullish

Double top on Bitcoin

Latest News

China Services Sector Growth at 9-Month Low

China Manufacturing Growth Below Forecasts

China Composite PMI Lowest in 7 Months

South Korea Trade Surplus Larger than Estimated

Upcoming Events

New Zealand Building Permits MoM

Australia Judo Bank Manufacturing PMI Final

Japan Tankan Small Manufacturers Index

Japan Tankan Large All Industry Capex