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

MNI BRIEF: Investors Increasingly Eyeing Fiscal Policy -ECB VP

CANADA OCT FLASH RETAIL SALES +0.8%

MNI China Daily Summary: Friday, Nov 24

EZ/UK Bond Supply Calendar: EU-Bond Auct / BOE APF Op Monday

MNI: US NOV FLASH SERVICES PMI 50.8 (FCST 50.4); OCT 50.6

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

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

MNI BRIEF:Macklem-Fiscal Policy Turning Unhelpful On CPI Fight

MNI BRIEF: Stabilizing Prices Helps BOC Turn Neutral-Freeland

MNI BRIEF: China's Sep PMI Rises To 50.2

MNI (Singapore)
MNI (Beijing)
Policy NewsCentral Bank NewsPBOCAPACChinaBriefStoryRegion
True

China's manufacturing Purchasing Managers' Index rose by 0.5 points to 50.2 expansionary level in September, above the breakeven 50 mark for the first time in six months, data from the National Bureau of Statistics showed Saturday.

The production and new orders sub-indices recorded 52.7 and 50.5, up 0.8 and 0.3 pp from the previous month, indicating accelerated manufacturing activities as demand gradually recovers. Manufacturers have increased purchasing to meet production needs, with the purchasing sub-index rising for the second month to 50.7.

Keep reading...Show less
117 words

To read the full story

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.

China's manufacturing Purchasing Managers' Index rose by 0.5 points to 50.2 expansionary level in September, above the breakeven 50 mark for the first time in six months, data from the National Bureau of Statistics showed Saturday.

The production and new orders sub-indices recorded 52.7 and 50.5, up 0.8 and 0.3 pp from the previous month, indicating accelerated manufacturing activities as demand gradually recovers. Manufacturers have increased purchasing to meet production needs, with the purchasing sub-index rising for the second month to 50.7.

Keep reading...Show less