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Wednesday, 30 September 2020

China Manufacturing PMI Climbs To 51.5 In September

The manufacturing sector in China continued to expand in September, and at a faster rate, the latest survey from the National Bureau of Statistics showed on Wednesday with a manufacturing purchasing managers index score of 51.5.

That beat expectations for 51.2 and it's up from 51.0 in August. It also moves further above the boom-or-bust line of 50 that separates expansion from contraction.

The bureau also said its non-manufacturing PMI came in with a score of 55.9 - also exceeding expectations for 55.5 and up from 55.2 in the previous month.


The material has been provided by InstaForex Company - www.instaforex.com

source http://www.mt5.com/forex_news/quickview/2164580/

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