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China’s official PMI indicates manufacturing back in contraction and non-Manufacturing slows
China’s economic pulse seems to have lost its rhythm, as indicated by the latest PMI figures for October. The official PMI Manufacturing dropped from 50.2 to 49.5, falling below the anticipated 50.4 mark. This downturn is not an isolated occurrence; the manufacturing sector has experienced contraction in six out of the ten months of 2023 […] The post China’s official PMI indicates manufacturing back in contraction and non-Manufacturing slows appeared first on Action Forex...
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Contraction
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Posted: Oct 31 2023, 02:08
Author Name: actionforex
Views: 112182