China's services sector growth hit a 10-month low in July, driven by weakened domestic demand, sparking concerns over the recovery of the world's second-largest economy.
The decline is mainly due to weaker domestic demand
Aug 05, 2026
09:51 am
What's the storyChina's services sector growth has slowed down to its lowest pace in nearly a year, with the Purchasing Managers' Index (PMI) falling sharply from 54.1 in June to 50.4 in July.
The decline is mainly due to weaker domestic demand impacting new business expansion.
China's services sector expanded at its weakest pace in 10 months in July as softer domestic demand slowed business activity,…
India's services sector growth hit a 17-month low in June, with domestic demand weakening sharply and new business expansion…
China's manufacturing sector expanded at its slowest pace in four months during July. Output and new orders rose more slowly,…
India's services sector growth slowed significantly in June, hitting a 17-month low as domestic demand weakened. New business…
The index fell to 50.6 in June as persistent geopolitical and global trade uncertainties continued to weigh
China's services sector experienced its fastest growth in three months during May, driven by robust domestic demand and a rebound…
