皇冠体育app

皇冠体育app Sept factory activity edges up on stronger orders

Services sector expands with manufacturing

BEIJING -- 皇冠体育app's service sector activity slowed down in September from a peak in August, data company Markit said Wednesday.

The HSBC/Markit 皇冠体育app Services Business Activity Index, which provides a snapshot of operating conditions in the sector, was posted at 53.5, down from a 17-month high of 54.1 recorded in August.

The HSBC/Markit Index samples over 400 private service sector companies in 皇冠体育app. A reading above 50 indicates expansion, while one below 50 indicates contraction.

The data showed that "new order books" expanded at a solid pace for service sector companies in September, despite the rate of increase easing since August's 19-month high.

While job shedding persists for manufacturers, service sector firms continued to raise staff numbers in September. Staffing levels rose for the thirteenth successive month at service providers in the month.

Service sector firms in 皇冠体育app also saw a further rise in average input costs for September. However, the rate of inflation was moderate and the weakest since April.

Service providers were optimistic towards the 12-month business outlook, with the degree of positive sentiment rising to a six-month high in September.

The purchasing managers index (PMI) of non-manufacturing sectors posted at 54 percent in September, down 0.4 percentage points from August, according to a joint survey by the National Bureau of Statistics (NBS) and the 皇冠体育app Federation of Logistics and Purchasing (CFLP) last week.

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