Home China NBS manufacturing PMI to fall to 49 in January – Barclays

China NBS manufacturing PMI to fall to 49 in January – Barclays

Updated: 30 Jan. 2019 | 23:17

The Barclays Research Team offers a sneak peek at what to expect from Thursday’s China’s manufacturing PMI report due to be published by the National Bureau of Statistics (NBS) at 0100 GMT.

Key Quotes:

“We expect the NBS manufacturing PMI to fall to 49 in January from 49.4 in December due to production disruptions ahead of the Chinese New Year holidays, softer external demand and the lagged effect of the weak credit impulse.”

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.

View all posts by FX Street

WARNING: The content on this site should not be considered investment advice and we are not authorised to provide investment advice. Nothing on this website is an endorsement or recommendation of a particular trading strategy or investment decision. The information on this website is general in nature, so you must consider the information in light of your objectives, financial situation and needs. Investing is speculative. When investing your capital is at risk. This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence or obtain advice where necessary. Crypto promotions on this site do not comply with the UK Financial Promotions Regime and is not intended for UK consumers. This website is free for you to use but we may receive a commission from the companies we feature on this site.