Chine PMI non industrielles

China's official NBS Non-Manufacturing PMI rose to 50.2 in September 2024 from 50.0 in the previous month, though it fell short of market expectations of 50.4. New orders (47.2 vs. 44.2 in August) and employment (45.8 vs. 44.7) both declined at a slower pace. Meanwhile, new export orders stabilized at 50.0 after falling for the previous nine months, and delivery times improved (51.2 vs. 50.2). On the pricing front, input costs rose for the first time in three months (50.6 vs. 48.2), while the decline in selling prices eased (48.5 vs. 46.1). Lastly, confidence reached a three-month high, rising to 56.1 from 54.4 in August.