China July official services PMI dips to 6-month low


China's official Purchasing Managers' Index (PMI) for the non-manufacturing sector slowed to 54.2 in July from June's 55 - Reuters Photo.

BEIJING: Growth in China's services sector slipped to a six-month low in July as new orders rose at their weakest rate in at least a year, data showed, taking some of the shine off an industry that has been a bright spot in the Chinese economy this year.

The official Purchasing Managers' Index (PMI) for the non-manufacturing sector slowed to 54.2 in July from June's 55, the National Bureau of Statistics said on Sunday.

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