FX.co ★ China Services Sector Growth Hits 3-Month High

In January 2026, the RatingDog China General Services PMI rose to 52.3, up from December's six-month low of 52.0, and exceeding market predictions of 51.8. This latest figure indicates the most robust growth in the services sector since the previous October, spurred by a notable increase in new orders and an uptick in foreign sales. To accommodate the influx of new orders, companies boosted their staffing levels for the first time since July. On the pricing front, input costs continued their upward trend, driven by elevated prices for purchased goods and fuel, although the pace of cost inflation declined to its lowest point in five months. Meanwhile, selling prices remained largely unchanged. Looking to the future, business confidence dipped below the 2025 average, as concerns grew over the global economic growth outlook.