Home China’s Caixin Manufacturing PMI contracts to 49.4 in April vs. 50.1 last, Aussie unfazed

China’s Caixin Manufacturing PMI contracts to 49.4 in April vs. 50.1 last, Aussie unfazed

Published date: 30 Apr. 2020 | 03:47

China’s December Caixin manufacturing PMI came in at 49.4 vs. 50.1 last, showing operating conditions deteriorate slightly as COVID-19 pandemic weighs on demand.

Earlier today, the purchasing managers’ index (PMI) for China’s manufacturing sector arrived at 50.8 in April, the National Bureau of Statistics (NBS) reported.

more to come …

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