1 novembro 2019
China's real activity growth moderates in October – Standard Chartered
Economists at Standard Chartered provide key insights into the official Chinese Manufacturing PMI report released on Wednesday.
- “Official manufacturing PMI edged down to lowest level since February on slower production activity.
- Trade performance likely deteriorated, with related PMI sub-indexes falling to lower levels.
- Real activity growth may have moderated; CPI inflation likely edged up further to a 7-year high.
- We expect money growth to have eased in October, credit growth to have stayed flat.”