• Chinese manufacturing PMI in line with expectations in April

Market news

30 April 2018

Chinese manufacturing PMI in line with expectations in April

China's manufacturing sector grew at a slower pace in April, says rttnews.

The official manufacturing Purchasing Managers' Index fell slightly to 51.4 in April from 51.5 in March. Nonetheless, the score remained above 50, indicating expansion in the sector.

NBS senior statistician Zhao Qinghe, said the manufacturing sector continued to maintain its steady growth trend.

Meanwhile, the non-manufacturing PMI that covers services and construction, improved to 54.8 from 54.6 a month ago.

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.