Released: 26 May 2021
Sales Managers Report Continuing Growth in May
The Chinese Services sector continued to grow steadily if unspectacularly in May.
Sales Managers reported further significant gains in sales over the previous (already very good) month.
In contrast with the Manufacturing sector, prices are rising quite rapidly in many services areas. However gains in staffing levels are few and far between, with employers continuing to recruit hesitantly compared with the pre Covid situation.
China Services SMI: Sales Growth Index
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