Official data: Chinese manufacturing PMI rises to 49.8 in September

Market news

1 October 2015

Official data: Chinese manufacturing PMI rises to 49.8 in September

The Chinese manufacturing PMI rose to 49.8 in September from 49.7 in August, beating expectations for a decline to 49.6, according to the Chinese government.

A reading above the 50 mark indicates expansion, a reading below 50 indicates contraction.

The increase was driven by rises in production and new orders.

The services PMI remained unchanged at 53.4 in September.

Final Chinese Markit/Caixin manufacturing PMI falls to 47.2 in September

Tankan Survey: the large manufacturers’ index declines to +12 in the third quarter

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