China's non-manufacturing PMI stays at 53.4

Explore Business Standard

China's service sector activity held steady in September, an official monthly survey showed on Thursday.
The purchasing managers' index (PMI) for the non-manufacturing sector stayed at 53.4 in September, unchanged from August, Xinhua reported citing a report released jointly by the National Bureau of Statistics and the China Federation of Logistics and Purchasing.
A reading above 50 indicates expansion, while a reading below 50 represents contraction.
First Published: Oct 01 2015 | 11:32 AM IST