MNI BRIEF: Japan Nov Sentiment, Outlook Indexes Rise

MNI BRIEF: China Nov CPI Slows To 5-Month Low Of 0.2% Y/Y

MNI: PBOC Sets Yuan Parity Higher At 7.1870 Mon; -1.39% Y/Y

MNI: China CFETS Yuan Index Down 0.36% In Week of Dec 6

MNI: PBOC Net Injects CNY13.8 Bln via OMO Monday

MNI BRIEF: PBOC Increases Gold Reserves

MNI JAPAN Q3 GDP REV +0.3% Q/Q; PRELIM +0.2%; MEDIAN +0.2%

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT PRELIMINARY DEC INDEX 74.0

CANADA NOV IVEY PURCHASING MANAGERS INDEX 52.3 SA

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: China's Jan Manufacturing Maintains Strength: Caixin PMI

MNI (Beijing)
     BEIJING (MNI) - China's manufacturing activities extended its strength into
January from December while monthly growth rate of output surged to a 13-month
high, according to the Caixin Purchasing Managers' Index (PMI) for the
manufacturing industry released on Thursday on Caixin's website. 
     Caixin's January manufacturing PMI registered 51.5, unchanged from
December. For a seventh month, the index remained above 50, which divides
expansion and contraction. 
New orders quickened for a 19th month, but at a slower pace than December.
Growth in new export sales also eased slightly, Caixin said without providing
the figures. 
Prices of raw material input rose at the slowest pace in five months, but were
still "noticeable" to survey respondents, Caixin said. Meanwhile, output prices
rose at the slowest pace since June 2017. 
Respondents reported the most "widespread" optimism in four month on one-year
outlook, according to Caixin's statement.
     Unlike the official manufacturing PMI released by CFLP/NBS yesterday, which
tracks larger businesses, Caixin PMI focuses on small and mid-sized companies.
The CFLO/NBS PMI for January fell to 51.3, the weakest in eight months, which
the surveyors attributed to slower output growth and softening overseas demand. 
--MNI Beijing Bureau; +86 (10) 8532 5998; email: marissa.wang@marketnews.com
--MNI Beijing Bureau; +86 10 8532 5998; email: william.bi@mni-news.com
[TOPICS: M$A$$$,M$Q$$$,MI$$$$]
China Market NewsPolicy NewsAPACChinaJapanAustraliaNew ZealandRegion
China Market NewsPolicy NewsAPACChinaJapanAustraliaNew ZealandRegion
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.