This is the private survey services and composite PMI for June 2025
Services 50.6, the slowest growth in 9 months
- prior 51.1
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Weaker demand and falling export orders—the steepest drop since December 2022—dampened overall activity.
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Hiring slowed, with service providers cautious on employment, leading to the fastest buildup of backlogs in a year.
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Output prices dropped at the steepest rate in over three years, reflecting intense market competition and weaker pricing power.
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Despite the softness, business sentiment remained positive, though expectations were broadly unchanged from May.
Composite 51.3, bouyed by the stronger manufacturing performance
- prior 49.6
Earlier this week:
- China official PMI data for June 2025, Services 50.5, Composite 50.7
- China Caixin June 2025 Manufacturing PMI 50.4 (expected 49.0, prior 48.3)
more to come
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This article was written by Eamonn Sheridan at www.forexlive.com.
