China Services PMI Eases to 54.1

China's services activity growth slows in June China's Services Purchasing Managers' Index (PMI) declined to 54.1 in June from 54.4 in May. The services sector still marked the third-steepest increase in nearly three years. Services exports grew for a second cons

China’s services activity growth slows in June

China’s Services Purchasing Managers’ Index (PMI) declined to 54.1 in June from 54.4 in May.

The services sector still marked the third-steepest increase in nearly three years.

Services exports grew for a second consecutive month, expanding at the fastest rate since October 2024.

The Australian Dollar (AUD) remains strong, with AUD/USD gaining 0.08% to 0.6930

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