HONG KONG (MarketWatch)
China's services sector expanded at its fastest pace
in 19 months in May, according to a business survey released Tuesday, with the
uptick driven by new business and improvements in confidence about the future
HSBC's China services Purchasing Managers' Index rose to 54.7 in May on a
100-point scale when adjusting for seasonal factors, compared to April's 54.1
However, the result remained below the long-run trend of 56.7, HSBC said in a
statement
The survey found companies added to staff in May, but the pace of
gains in hiring were modest
A subcomponent tracking prices showed output
charges falling for a second straight month, while underlying business costs
rose markedly
A rival government version of the services PMI, released Monday,
printed at a slightly stronger 55.2, though the headline reading indicated a
weakening trend from April's level
On a slightly negative note, HSBC's PMI
showed backlogs of work declined in May for the fourth straight month
Welcome
The mathematician of the Complutense University of Madrid, José-Vidal Ruiz Varela, argues that Europe must raise its borrowing limit, leaving its deflationary policy.
Cortesía de Investing.com
Agenda Macro
Calendario económico en tiempo real proporcionado por Investing.com España.
martes, 5 de junio de 2012
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