China services PMI eases to 54.0 in July, misses estimates

Bloomberg is out with the early leak of the official Chinese composite PMI for the month of July, as published by the National Bureau of Statistics (NBS).

China Composite PMI is reported at 53.6 versus 54.4 previous.

Meanwhile, the Chinese services PMI arrived at 54.0 in July versus 55.0 and 55.0 last.