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Economic calendar in Asia 31 August 2023 - China August PMIs (any green shoots?)

Economic calendar in Asia 31 August 2023 - China August PMIs (any green shoots?)
PMIs from China's National Bureau of Statistics (NBS) are the data focus today. China's official Manufacturing PMI is expected to have contracted for the fifth month in a row. The Non-Manufacturing PMI is expected to have slipped a little from July. Its not all bad news from China's economy though, there are green shoots:Oil - China weekly flights are 13% above pre-COVID levelsIn H1 of 2023 Chinese auto exports were up 75.7% y/yChina’s economy isn’t as bad as the mood suggests, growth moving in... Read More
Posted: Aug 30 2023, 20:02
Author Name: forexlive
Views: 112543

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