China’s manufacturing PMI slips in November
by ChemOrbis Editorial Team - content@chemorbis.com
According to the data from the National Bureau of Statistics of China, the country’s manufacturing sector Purchasing Managers’ Index (PMI) slipped from the October reading of 50.2 and came in at a neutral reading of 50 in November.
The latest reading also marked the third consecutive monthly fall in the country’s manufacturing sector.
The non-manufacturing PMI was shy of expectations for 53.8 and stood at 53.4 in November, down by 0.5 points from October.
The production sub-index decreased by 0.1 points to 51.9, and the composite index declined from the October reading of 53.1 and came in at 52.8 in November.
The latest reading also marked the third consecutive monthly fall in the country’s manufacturing sector.
The non-manufacturing PMI was shy of expectations for 53.8 and stood at 53.4 in November, down by 0.5 points from October.
The production sub-index decreased by 0.1 points to 51.9, and the composite index declined from the October reading of 53.1 and came in at 52.8 in November.
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