China Caixin services purchasing managers’ index (PMI) on Wednesday showed growth slowed in June, as new order volumes weakened, but it continued to show rising demand.

The June Business Activity Index came in at 51.6, down from May’s four-month high of 52.8, with the release from Caixin and PMI by IHS Markit saying it pointed to a further rise in service-sector activity.

Correction: A previous headline on this article incorrectly stated the Caixin PMI figures.

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