July 23, 2024
China’s Caixin manufacturing PMI returns to expansion in May

China’s Caixin manufacturing PMI returns to expansion in May

A private gauge of China’s factory activity bounced back to expansionary territory in May, the first improvement in the health of the manufacturing sector since February.

The China Caixin manufacturing purchasing managers index rose to 50.9 in May from 49.5 in April, according to data released Thursday by Caixin Media Co. and S&P Global.



Source

Leave a Reply

Your email address will not be published. Required fields are marked *