CANADA TO PUBLISH FISCAL UPDATE ON DEC. 16

MNI BRIEF: Inflation Expectations Tick Higher - NY Fed

MNI BRIEF: China Passenger Car Sales Up In November Y/Y

MNI BRIEF: Mexico Inflation Down To 4.55% In November

MNI China Daily Summary: Monday, December 9

MNI BRIEF: China To Strengthen Policy Easing In 2025: Poliburo

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

EZ/UK T-Bill Calendar: Spain, Belgium Auction on Tuesday

MNI:US OCT WHOLESALE INV 0.2%; SALES -0.1%

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

MNI BRIEF: Caixin China Sep Mfg. PMI Contracts For 2nd Month

MNI (Singapore)
MNI (Singapore)

China's September Caixin manufacturing PMI fell 1.4 points to 48.1, remaining in the contraction zone below 50 for a second month and falling to a five month low as production and demand weakened on measures to curb renewed Covid-19 outbreaks, the financial publisher said Friday.

The production sub-index fell below 50 for the first time since June, while the new orders sub-index stayed in the contraction zone for a second month and fell to the lowest level in five months. The new export orders sub-index contracted further to hit its lowest level since June, Caixin said.

Caixin's PMI mainly tracks small and medium-sized manufacturers. The official PMI, which was also released on Friday, covers mainly large state-owned companies and rose 0.7 points to 50.1 in September.

DataPolicy NewsHomepageAPACChinaData BriefPolicy StoryData StoriesBriefStoryRegion
True
DataPolicy NewsHomepageAPACChinaData BriefPolicy StoryData 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.