5月份財新服務業PMI繼續下跌

China’s services sector growth weakened for a second month running in May, according to results from an independent survey.

根據一家獨立調查機構的調查結果，5月份中國服務業部門的增長連續第二個月疲軟。

The Caixin-Markit services purchasing managers index dropped 0.5 per cent from the previous month to 51.2 in May, closer to the 50-point mark separating growth from contraction. The latest figure from the gauge, which focuses on smaller, private firms, came in close to a point below the May reading from the official survey, which tracks activity primarily at large and often state-run firms.

5月份，財新中國服務業經營活動指數(Caixin-Markit services PMI)比上一個月下跌了0.6個百分點至51.2，距離50的榮枯線更近了一步。該指標的這一最新讀數，差不多比5月份官方調查得出的讀數低了一個百分點。財新這一讀數主要關注規模較小的民營企業，而官方調查則主要跟蹤研究大型國有企業的經營活動。

The headline figure’s fall reflected concomitant sluggishness in growth of new orders received by service providers. While services firms notched another month of expanding employment, the rate of growth was marginal and some companies reported restructuring plans had put the brakes on new hires in May.

這一倍受關注的讀數的下跌，反映出與這一下跌相伴隨的，是服務提供商所獲新訂單增長疲軟。儘管服務業企業錄得又一個月的用工增長，增長速度卻已達極限。部分企業則報告稱，5月份因重組計劃而停止了對新員工的招募。

Input prices continued to rise for services providers at a modest speed, prompting companies to raise their own prices at around the same rate seen in April. But their business outlook for the next twelve months dropped to its lowest level for the year to date, with only around 19 per cent of those surveyed expecting activity to increase over the next year.

服務業供應商的成本繼續小幅增加，促使企業提高了產出價格，加價幅度與4月份持平。不過，對未來12個月的前景，企業的信心跌至今年以來最低，只有大約19%的被調查企業預計今後一年業務活動會增加。