AI Data Insight
The latest Q2 2026 data shows that China's non-manufacturing PMI inventory index slipped to 45.1%, declining further from the previous reading of 45.3% and continuing to contract below the boom-or-bust line. The overall non-manufacturing sector also fell below the 50 mark due to a slowdown in the services and construction sectors, reflecting that enterprises are maintaining a low-inventory strategy under the dual pressures of insufficient domestic demand and soaring costs.