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China Caixin Manufacturing PMI for May: 50.9 (expected 49.5)

China Caixin Manufacturing PMI for May: 50.9 (expected 49.5)
Caixin / S&P Global China Manufacturing PMI for May 2023 comes in at a much improved 50.9expected 49.5, prior 49.5 alsoBoth manufacturing supply and demand improved. The job market did not. Manufacturing output grew significantly, with the related subindex logging its highest since June 2022. The subindex for total new orders recorded its second-highest reading since May 2021 as surveyed businesses reported more clients and demand, even though demand remained a bit weaker than supply. External d... Read More
Posted: Jun 1 2023, 01:45
Author Name: forexlive
Views: 092058

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