The RatingDog China General Services PMI declined to 54.1 in June 2026 from May's three-month high of 54.4.
However, the latest reading exceeded market forecasts of 53.0, supported by growth in new orders, although the pace of increase eased slightly while remaining above the trend seen during the current expansion period.
Foreign demand supported the overall increase in new business, growing for the second consecutive month and at the fastest pace since October 2024.
Employment increased for the second consecutive month, marking the first back-to-back increase since 2024 and the strongest rise since July 2024.
On the price front, input costs rose due to higher labour costs, raw material prices, and transportation costs.
However, input cost inflation eased from May's 19-month high.
Meanwhile, output cost inflation accelerated to its highest level in more than two years.