Increasing manufacturing PMI in China
September 30, 2024
In September, China’s official manufacturing Purchasing Managers’ Index (PMI) rose to 49.8 from 49.1 previously, beating market expectations of 49.5. At the same time, the National Bureau of Statistics (NBS) non-manufacturing PMI index declined to 50.0 from 50.3 in August, below the forecast of 50.4.