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China’s manufacturing PMI slides to five-month low as economic recovery stumbles
China NBS PMI Manufacturing dropped from 49.2 to 48.8 in May, below expectation of 49.4. That’s the lowest level in five months. New orders sub-index followed suit, slipping from 48.8 in April to 48.3 in May, while the new export orders sub-index descended from 47.6 to 47.2. PMI Non-Manufacturing dropped from 56.4 to 54.5, below […] The post China’s manufacturing PMI slides to five-month low as economic recovery stumbles appeared first on Action Forex...
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Posted: May 31 2023, 06:05
Author Name: actionforex
Views: 110753