China official PMI Manufacturing rose from 47.0 to 50.1 in December, slightly below expectation of 50.2. PMI Non-Manufacturing jumped from 41.6 to 54.4, above expectation of 51.0. Both indexes were also back in expansion region. Senior NBS statistician Zhao Qinghe noted that economic activity returned to expansion amid an improvement in the business operation climate […]
The post China official PMI manufacturing rose to 50.1, non-manufacturing up to 54.4 appeared first on Action Forex.