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China's October Caixin Manufacturing PMI 49.5 (vs. 50.8 expected)
China's October Caixin Manufacturing PMI comes in, back in contraction, at 49.550.8 expected, prior was 50.6From the report, in brief:first contraction since Julyslower growth in overall salesweak foreign demandnew export orders shrunk for four consecutive monthsweaker-than-expected sales and the delayed shipment of goods led to the strongest rise in inventories of post-production items since September 2015manufacturers trimmed staffing levels for the second straight month, the rate of job shedd...
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Posted: Nov 1 2023, 01:45
Author Name: forexlive
Views: 112140