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China’s Caixin PMI manufacturing rose to 51, output and employment see uptick

China’s Caixin PMI for manufacturing defied expectations in August, rising from 49.2 to 51.0 and beating market forecasts of 49.4. This indicates a return to expansionary territory. The report noted several key improvements, including increases in output, new business, and a rebound in employment levels. Significantly, input costs rose for the first time since February, […] The post China’s Caixin PMI manufacturing rose to 51, output and employment see uptick appeared first on Action Forex... Read More

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Content Topics

China

Caixin

Manufacturing

Rose

Output

Employment

Uptick

China s

Forex

Posted: Sep 1 2023, 03:30

Author Name: actionforex

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