BEIJING (Reuters) – China’s non-manufacturing exercise expanded at a a lot slower tempo in June, an official survey confirmed on Sunday, as customers remained cautious of spending amid property downturn and the Might vacation increase light away.

The official non-manufacturing buying managers’ index (PMI), which incorporates companies and building, fell to 50.5 from 51.1 in Might, confirmed knowledge from the Nationwide Bureau of Statistics.

The composite PMI, which incorporates manufacturing and companies, got here in at 50.5 in June, down from 51.0 in Might.

The 50-point mark separates enlargement from contraction in exercise on a month-to-month foundation.