S&P Global released China’s August RatingDog Services PMI data on August 5, 2026.The previous reading was 50.4. This index measures the overall operational conditions of China’s services sector. The PMI uses 50 as the threshold; a value above 50 indicates the services sector is expanding, while a value below 50 signals contraction.The indicator is based on surveys covering the status of China’s services industry, employment, and price levels. Given the close economic ties between Australia and China, China’s economic performance significantly impacts the Australian dollar. When the released figure exceeds forecasts, it typically supports the Australian dollar.This data is of moderate importance and will be published regularly on a monthly basis. The next release is scheduled for September 30, 2026.
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