China's Private Sector Services PMI Slows to Three-Month Low in October
China's private sector services growth decelerated in October 2026, with the RatingDog General Services PMI dropping to 50.8. This marks a decline from September's reading of 51.6 and falls short of market expectations, which had forecasted a figure of 51.5. The slowdown represents the weakest expansion in the services sector since July. The miss suggests cooling momentum within China's private economy, potentially signaling headwinds for domestic demand despite previous growth trends.
Topics: China Economy Private Sector Growth Purchasing Managers' Index