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Published 2 years ago

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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