China's July Caixin Services PMI

HSBC and the UK research company Markit Group Ltd. announced the China's July Caixin Services PMI on 2025-08-05. with the prior figure recorded as 50.6.

Regarding the China's July Caixin Services PMI, Actual value > Forecast value = Bullish for the Australian dollar, The HSBC China Services Purchasing Managers Index (HSBC China Manufacturing Purchasing Managers Index) is jointly compiled by HSBC and the UK research company Markit Group Ltd. It is an indicator that measures the overall condition of the service industry in China, employment, and price surveys. 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 an overall expansion trend, while below 50 reflects a contraction in the service industry. Due to the close economic relationship 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 for measuring the overall service industry status, employment, and price survey in China, and updates monthly.

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