AI Data Insight
China's Non-Manufacturing PMI Business Activity year-over-year (YoY) growth rate for April 2026 (Q2) stood at -0.3976%, showing a narrowed decline compared to the previous value of -1.9841%. However, the absolute index for April fell below the boom-or-bust threshold to 49.4, lower than the market expectation of 49.9. This reflects that property market weakness and sluggish domestic demand momentum continue to suppress the recovery performance of the services and construction sectors.