By the end of January 2015, PMI index reflecting business activity in the non-manufacturing sector of China's economy fell to 51.8 p. Such data are contained in the report of the British HSBC, wrote finanz.ru.
PMI index dropped behind the business activity index of the national economy manufacturing sector, which reached 49.8 p.
According to the chief economist of HSBC, continuing decline in Chinese production can make even more concessions to support the growth of the Chinese economy in the next few months.
Experts regard the level of PMI in 50 p. There is a revival, while reducing below 50 p - stagnation.
The index, which is calculated at HSBC, is an alternative indicator of the official Chinese PMI index, and their dynamics are not always the same because of differences in the methods of monitoring and counting.
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