We had the official manufacturing PMI come in improved for August (reported on the weekend), then the HSBC manufacturing PMI slipped itself into expansion, nosing to 50.1 (reported on Monday).
Today we get a look at the official version of China’s non-manufacturing PMI for August, due for release at 0100GMT.
- The July result was 54.1
The non-manufacturing PMI (also referred to as ‘services’ PMI) does not get the attention that the manufacturing PMI gets, and is not as big a market focus.