HSBC Bank and UK research company Markit Group Ltd. announced the Caixin Services PMI for China in September on 2025-09-30.
Regarding the Caixin Services PMI for China in September, Actual value > Forecast value = Positive for AUD, The HSBC China Services Purchasing Managers' Index (HSBC China Manufacturing Purchasing Managers Index) is compiled jointly by HSBC and the British research company Markit Group Ltd. It is an indicator that measures the overall condition of China's service industry, employment, and price levels. The HSBC China Services Purchasing Managers' Index is usually released on the first business day of each month. A PMI above 50 indicates that service sector activity is in an overall expansion trend, while a reading below 50 reflects a contraction in the service sector. Due to the close economic ties between Australia and China, the state 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 monthly. The next release is set for 2025-11-05 09:45:00.
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