China October PMIs: Manufacturing 49.2 (prior 49.6) & Services 52.4 (prior 53.2)
Purchasing Managers' Index (PMI) data from China's National Bureaus of Statistics and the China Federation of Logistics and Purchasing (CFLP)
Manufacturing PMI 49.2- expected 49.7, prior 49.6
- the second month of contraction in a row, energy shortages and high input prices taking a toll
- expected 52.9, prior 53.2
- this is a reasonable result given ongoing COVID-19 disruptions (much smaller in scale than those mid-2021 and of course in 2020)
- prior 51.7
- Monday 0145 GMT brings the Manufacturing PMI, expected 50, prior 50
- Wednesday 0145 GMT brings the Non-manufacturing PMI, prior 53.4
Invest in yourself. See our forex education hub.
October 31, 2021 at 01:46PM
Eamonn Sheridan
https://ift.tt/3BH2UzL
Labels: Forexlive RSS Breaking News Feed
0 Comments:
Post a Comment
Subscribe to Post Comments [Atom]
<< Home