Home China Caixin Manufacturing PMI at 54.9 beats 53.5 exp and 53.6 prior, 10-year highs

China Caixin Manufacturing PMI at 54.9 beats 53.5 exp and 53.6 prior, 10-year highs

Updated: 1 Dec. 2020 | 02:47

Expected to print close to October’s 53.5, around a 3-year highs, the Markit Manufacturing PMIs have been released for China, sponsored by news service Caixin, as follows:

54.9 beats 53.5 exp and 53.6 prior, 10-year highs

AUD/USD is slightly bid but hardly changed so far at 0.7354.

More to come…

Description

The Caixin China Manufacturing PMI™, released by Markit Economics, is based on data compiled from monthly replies to questionnaires sent to purchasing executives in over 400 private manufacturing sector companies.

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