China’s official NBS Non-Manufacturing PMI rose to 50.2 in June 2026 from 50.1 in May, beating expectations of a fall to 49.9 and signalling stabilisation.
The construction index edged up to 49.0, while services rose to 50.4, supported by strong activity in telecommunications, internet software and IT services, financial services, and insurance, all above 55.0.
Air transport and real estate remained below 50.
New orders improved notably to 48.0 from 45.0 in May, indicating stronger demand in both construction (46.3 vs 45.2) and services (48.4 vs 45.3), though still in contraction.
Input prices fell to 49.7 from 52.2, while sales prices eased to 48.4 from 48.8, suggesting weaker pricing power.
Employment edged up to 45.8 from 45.6, reflecting a mild labor market improvement but still contractionary.
Business expectations rose to 55.3 from 54.8, showing improved sentiment.
Source: Trading Economics
