China’s official manufacturing PMI fell from 49.8 to 49.0 in October, missing expectations of 49.7 and marking the lowest reading in six months. The sector has now been in contraction since April. The new orders index dropped to 48.8 from 49.7, while the production sub-index declined sharply to 49.7 from 51.9, pointing to a broad […]
The post China NBS Manufacturing PMI falls to 49 in October, contraction deepens appeared first on Action Forex.
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