China's August S&P Global Services PMI

S&P Global announced the China's August S&P Global Services PMI on 2025-09-03. The reported figure stands at 53, against a forecast of 52.5, with the prior figure recorded as 52.6.

Regarding the China's August S&P Global Services PMI, Actual value > Forecast value = Bullish for AUD, The S&P Global Services Purchasing Managers' Index is an indicator that measures the overall condition of the service industry in China, including employment and price surveys. The HSBC China Services Purchasing Managers' Index is typically released on the first working day of each month. If the PMI is above 50, it indicates that service sector activity is in a general expansion trend, while a PMI below 50 reflects a contraction in the service sector. Because of 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 for measuring the overall service industry status, employment, and price survey in China, and updates monthly. The next release is set for 2025-09-30 09:45:00.

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