China's non-manufacturing sector continued to expand in April but the growth slowed from the previous month, the China Federation of Logistics and Purchasing (CFLP) said Thursday.
The non-manufacturing sector's Purchasing Managers Index (PMI), a key economic indicator, fell 1.9 percentage points from March to 56.1 percent, according to a CFLP statement.
A PMI reading above 50 percent indicates expansion from the previous month, while readings below this mark indicate a contraction.
Taking account of seasonal factors, the index had increased for two consecutive months before retreating in April.
Housing prices decline by 0.7% in big cities in April