Monday, December 1, 2014

China`s manufacturing expanding slower than expected

China`s manufacturing PMI fell to 50.3 in November, failing to meet estimates of 50.5. In comparison, October`s manufacturing PMI recorded a figure of 50.8.

As for the HSBC final manufacturing PMI, it recorded a level of 50.0.

These data show that the expansion of the manufacturing industry is slowing down as both the official PMI and HSBC final fail to better the results in October.

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