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China’s non-manufacturing PMI retreats in Sept

Updated: Oct 3,2014 2:26 PM     Xinhua

China’s service sector activity slightly slowed in September, an official monthly survey showed on Oct 3.

The purchasing managers index (PMI) of the non-manufacturing sector posted at 54 percent last month, down 0.4 percentage points from August, according to a report jointly released by the National Bureau of Statistics and the China Federation of Logistics and Purchasing.

A reading above 50 indicates expansion, while a reading below 50 represents contraction.