China private survey Rating Dog Services PMI 52.6 in April (up from 52.1 in March)

AI summary

<p>China's RatingDog services PMI rose to 52.6 in April from 52.1 in March, with domestic demand driving a fortieth successive month of new order growth, while the composite PMI climbed to 53.1</p><p class="font-claude-response-body break-words whitespace-normal leading-[1.7]">Summary:</p><ul class="[li_&]:mb-0 [li_&]:mt-1 [li_&]:gap-1 [&:not(:last-child)_ul]:pb-1 [&:not(:last-child)_ol]:pb-1 list-disc flex flex-col gap-1 pl-8 mb-3"><li class="whitespace-normal break-words pl-2">The RatingDog China General Services Business Activity Index rose to 52.6 in April from 52.1 in March, signalling a faster rate of expansion, according to the PMI release compiled by S&P Global</li><li class="whitespace-normal break-words pl-2">New orders rose for the fortieth consecutive month, the second-longest continuous expansion in the survey's history, with domestic markets the primary driver, per the report</li><li class="whitespace-normal break-words pl-2">New export business declined for a second successive month, though the pace of contraction eased from March, according to the release</li><li class="whitespace-normal break-words pl-2">Input cost inflation accelerated to its highest level in 2026 so far, with survey respondents widely attributing higher costs to rising oil and fuel prices linked to the Middle East conflict, per the PMI data</li><li class="whitespace-normal break-words pl-2">Service providers reduced their average selling prices for the fourth time in five months, keeping ch