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MNI BRIEF: China October PMI Rises To Six-Month High

China has published its latest PMI results.

China's Manufacturing Purchasing Managers Index rose by 0.3 points to 50.1 in October, rising above the 50 mark for the first time in six months, as additional pro-growth policies kicked in, data from the National Bureau of Statistics showed Thursday.

The production and new orders sub-indices rose by 0.8 and 0.1 points, to 52.0 and 50.0. Price sub-indices rebounded significantly due to the recent rise in commodity prices.

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China's Manufacturing Purchasing Managers Index rose by 0.3 points to 50.1 in October, rising above the 50 mark for the first time in six months, as additional pro-growth policies kicked in, data from the National Bureau of Statistics showed Thursday.

The production and new orders sub-indices rose by 0.8 and 0.1 points, to 52.0 and 50.0. Price sub-indices rebounded significantly due to the recent rise in commodity prices.

Keep reading...Show less