China's Caixin Services PMI for July

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

Regarding the China's Caixin Services PMI for July, Actual value > Forecast value = Bullish for AUD, The HSBC China Services Purchasing Managers' Index (HSBC China Manufacturing Purchasing Managers Index) is jointly compiled by HSBC and the British research company Markit Group Ltd. It is a measure of the overall service sector conditions, employment, and price surveys in China. The HSBC China Services Purchasing Managers' Index is typically released on the first working day of each month. A PMI above 50 indicates that service sector activity is in an overall expansion trend, while a PMI below 50 reflects a contraction in the service sector. Due to the close economic relationship between Australia and China, the performance 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 situation, employment, and price survey in China, and updates monthly. The next release is set for 2025-09-03 09:45:00.

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