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China Caixin Manufacturing PMI (March) 49.5 (vs. expected 50.3)

Caixin / S&P Global China Manufacturing PMI for March 2023 drops into contraction at 49.5expected 50.3, prior 50.0Into contraction for the first time in 3 months. The report summarises the Key findings: Output expands only fractionallyas demand conditions soften Input costs and selling prices fall at quickest rates in over seven yearsOver the weekend we had the official PMIs:ICYMI: China printed a miserable manufacturing PMI result for April, back into contraction---China has two primary Purchas... Read More

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Content Topics

China

Caixin

Manufacturing

March

49 Vs

Expected

50 march

Forex

Posted: May 4 2023, 01:45

Author Name: forexlive

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