Caixin service PMI falls to six-month low in March

BEIJING - China's service sector continued to slow in March, as a private survey showed Thursday that an index for the sector fell to a six-month low.

The Caixin General Services Purchasing Managers' Index (PMI) slipped to 52.2 in March from 52.6 in February, according to the survey conducted by financial information service provider Markit and sponsored by Caixin Media Co Ltd.

A reading above 50 indicates expansion, while a reading below 50 represents contraction.