Manufacturing activity in China staged a small recovery in June, after contracting in May. The Caixin Manufacturing PMI rose to a 3-month high of 50.4, up from the May reading of 49.6 which was a 1-year low: The index is based on a survey of private manufacturers in China compiled […]
While China’s manufacturing sector returned to growth in March, the vast majority of the improvement was due to an acceleration in activity levels in larger firms. They grew modestly, while activity levels at smaller firms continued to contract. Nothing demonstrates this point better than the separate Caixin-Markit manufacturing purchasing manager’s […]
China’s manufacturing PMI report for November has come in below expectations. According the government, the index slipped to 49.6 in November, missing expectations for an unchanged reading of 49.8. PMI reports measure changes in activity across a sector over a one-month period, with a reading below 50 indicating activity levels […]
Fastest decline since August 2012.
PMI drops to a 5-month low.