VAST MAJORITY OF FOMC SAY PRUDENT TO SLOW QT FAIRLY SOON

BOC: IF THINGS EVOLVE AS EXPECTED, WILL BE APPROPRIATE TO CUT

BOC SAYS JUNE RATE CUT IS WITHIN REALM OF POSSIBILITIES

MNI BRIEF: Brazil Inflation 3.93% In March, Lowest In 9 Months

MNI Brief: China Targets Standards Update To Support Trade-ins

MNI BRIEF: Fitch China Outlook Downgrade Regrettable - MoF

MNI: US MAR TREASURY BUDGET -236.5B

US Treasury Auction Calendar

EZ/UK Bond Supply Calendar: 3/7/15+ Year BTP Auction Thursday

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

MNI BRIEF: Lawmakers Signal Tough Hearing For BOC's Macklem

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

MNI BRIEF: Caixin China Dec Manufacturing PMI At 6-Month High

MNI (Singapore)

Caixin China's manufacturing PMI for December rebounded 1.0 points on month to 50.9 to hit the highest level since July 2021 and back above the breakeven 50, indicating accelerated manufacturing activities, financial publisher Caixin said on Tuesday.

The manufacturing industry in December saw robust supply and recovered demand. The production sub-index stayed above 50 for the second month with the highest reading in 2021. The new order sub-index also rose back to the expansion zone, with some surveyed enterprises reporting an increase in new customers.

Export sales were dragged down by repeated virus outbreaks, container shortages, and rising freight costs, with the new export order sub-index remaining below 50 for the fifth month. Caixin's PMI tracks small and medium-sized manufacturers, while the official PMI covering large state-owned companies and released last Friday rose by 0.2 points to 50.3 in December from November.

DataPolicy NewsHomepageAPACChinaData BriefData StoriesBriefStoryRegion
True
DataPolicy NewsHomepageAPACChinaData BriefData StoriesBriefStoryRegion
True

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.