China's Manufacturing PMI Remains in Contraction at 49.1
Friday, 1 March 2024, 01:30
China February Manufacturing PMI
The China February Manufacturing PMI has remained at 49.1. This marks the fifth month in a row that the index has shown contraction. The Non-manufacturing PMI at 51.4 is a surprisingly positive result, exceeding expectations and indicating growth. The Composite PMI at 50.9 has remained stable, showing a mixed performance across sectors. The slight rise in AUD/USD reflects a cautiously optimistic market sentiment.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.