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China's factory activity holds steady in September- Caixin PMI

Summary by Ground News

China's official Purchasing Managers' Index (PMI), a key gauge of manufacturing activities, slipped to 49.6 in September. The figure was below Reuters' forecast of 50.1, but better than Nomura's prediction of 47. Nomura said in a report Monday that measures to reduce energy intensity taken in some key economic powerhouses would very likely dent September's PMI.

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CGTN

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China's factory activity contracts in September due to higher prices

4 years ago·Beijing, China

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Today

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China's factory activity holds steady in September- Caixin PMI

4 years ago·Singapore

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Reuters

Center

China's factory activity holds steady in September- Caixin PMI

BEIJING - China's factory activity fared better than expected in September, stabilising after a slump in August, a business survey showed on Thursday, with a smaller decline in production countering an uptick in demand. The Caixin/Markit Manufacturing Purchasing Managers' Index (PMI) rose to 50.0 in September from 49.2 the month before, versus analyst expectations of 49.5 in a Reuters

4 years ago·United Kingdom

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