October Official China Manufacturing PMI - Business Insider

The Story
Recently
October Official China Manufacturing PMI - Business Insider
Nov 1st 2012, 00:27

China's NBS just released the official October Manufacturing PMI number.

Click Here For Updates >

The number climbed to 50.2, from 49.8 in September.

This was basically in line with economists expectation for 50.3.

Any reading above 50 signals expansion.

At 9:45 PM EST, we will get the unofficial HSBC China manufacturing PMI.

Last week, the HSBC China Flash (or preliminary) number came in at 49.1, a three-month high.  This tends to be a pretty good indicator of the final number.  This would be a gain from last month's reading of 47.9.

China is the world's second largest economy.  Almost every other economy looks to it as a source of growth.

Click Here For Our Complete Global PMI Scorecard >

Source:

http://www.businessinsider.com/october-official-china-manufacturing-pmi-2012-10

You are receiving this email because you subscribed to this feed at blogtrottr.com.

If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions

No comments:

Post a Comment