China Caixin Services PMI for August

HSBC Bank and UK research firm Markit Group Ltd. announced the China Caixin Services PMI for August on 2025-09-03.

Regarding the China Caixin Services PMI for August, Actual value > Forecast value = Bullish for AUD, The HSBC China Services Purchasing Managers' Index (HSBC China Manufacturing Purchasing Managers Index) is compiled jointly by HSBC and the UK research company Markit Group Ltd. It measures the overall service industry conditions, employment, and price surveys in China. The HSBC China Services Purchasing Managers' Index is usually released on the first working day of each month. If the PMI is above 50, it indicates that service industry activity is in a general expansion trend, while below 50 reflects a contraction in the service industry. Due to the close economic ties between Australia and China, the performance of the Chinese economy has a significant impact on the Australian dollar.

This data holds an importance level of , calculated using An indicator measuring the overall service industry status, employment, and price survey in China, and updates every month. The next release is set for 2025-09-30 09:45:00.

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