Official data: Chinese manufacturing PMI rises to 50.2 in March

Noticias del mercado

1 abril 2016

Official data: Chinese manufacturing PMI rises to 50.2 in March

The Chinese manufacturing PMI rose to 50.2 in March from 49.0 in February, according to the Chinese government. February's reading was the lowest reading since November 2011.

Analysts had expected the index to increase to 49.3.

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

The increase was driven by rises in output and new orders, while employment fell.

The services PMI increased to 53.8 in March from 52.7 in February.

Bloomberg Consumer Comfort Index: consumers’ expectations for U.S. economy fall to 42.8 in in the week ended March 26

United Kingdom: Purchasing Manager Index Manufacturing , March 51 (forecast 51.2)

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