China Manufacturing PMI Moves To Expansion – NBS
By RTTNews Staff Writer ✉ | Published:
The manufacturing sector in China swung to expansion in September, the latest survey from the National Bureau of Statistics showed on Friday with a manufacturing PMI score of 50.1.
That exceeded the expectations for a score of 49.6 and is up from 49.4 in August.
It also moves above the boom-or-bust line of 50 that separates expansion from contraction.
The survey also showed that the non-manufacturing PMI slipped to 50.6 from 52.6 in August, while the general PMI fell to 50.9 from 21.7.
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