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China Caixin PMI manufacturing rose to 50.9, activity improved

China Caixin PMI manufacturing rose to 50.9, activity improved
China Caixin PMI Manufacturing rose from 49.5 to 50.9 in May, signaling the first improvement in the health of the sector since February. Caixin noted stronger increase in output as firms saw fresh upturn in new business. Input costs fell solidly. Employment, however, continued to decline as business confidence softened. Wang Zhe, Senior Economist at […] The post China Caixin PMI manufacturing rose to 50.9, activity improved appeared first on Action Forex... Read More
Posted: Jun 1 2023, 04:52
Author Name: actionforex
Views: 092033

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