Pantheon Macroeconomics - The Caixin services PMI jumped sharply to 53.9 in December from 51.9 in November. All the PMIs picked up significantly, but we find this hard to believe and suspect seasonality is to blame, though the adjustment is tricky.

Asia | 5 January 2018 Time to Talk Chinese New Year Already, Ignore the PMI Jumps
The Caixin services PMI jumped sharply to 53.9 in December from 51.9 in November. All the PMIs picked up significantly, but we find this hard to believe and suspect seasonality is to blame, though the adjustment is tricky.

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5 January 2018 Time to Talk Chinese New Year Already, Ignore the PMI Jumps

By Freya Beamish

The Caixin services PMI jumped sharply to 53.9 in December from 51.9 in November. All the PMIs picked up significantly, but we find this hard to believe and suspect seasonality is to blame, though the adjustment is tricky.

Posted: 4th Jan 2018 in 'Asia'

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Keywords for: Asia | 5 January 2018 Time to Talk Chinese New Year Already, Ignore the PMI Jumps

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