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China January non-manufacturing PMI drops

English.news.cn   2015-02-01 09:25:38

BEIJING, Feb. 1 (Xinhua) -- China's service sector activity dropped in January, an official monthly survey showed on Sunday.

The purchasing managers' index (PMI) for the non-manufacturing sector retreated to 53.7 in January from 54.1 in December, according to a report released jointly by the National Bureau of Statistics and the China Federation of Logistics and Purchasing.

A reading above 50 indicates expansion, while a reading below 50 represents contraction.

Editor: Mioh Song
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