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Preview of China official PMI data - manufacturing is likely to have contracted even more

Preview of China official PMI data - manufacturing is likely to have contracted even more
China's two Purchasing Managers' Index (PMI) surveys will be published by the National Bureau of Statistics (NBS) on Wednesday, 31 May 2023. at 0130 GMT, which is 9.30pm on Tuesday, 30 May 2023 US Eastern time China's factory sector is struggling to bounce out of the COVID-19 pandemic-affected slump. The PMI for the sector is expected to still show contraction in May, barely up from the 49.2 contraction reading in April with momentum still waning. Imports dropped significantly, factory gate pric... Read More
Posted: May 29 2023, 23:04
Author Name: forexlive
Views: 081470

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