An indicator of China's manufacturing sector performance increased in April, suggesting a slower decline in activity compared to March, a survey by Markit Economics showed Monday.
The Markit/HSBC purchasing managers' index rose to 49.1 in April from 48.3 in March. However, the reading below 50 still indicated a contraction in activity.
The manufacturing output index also remained below the neutral mark at 49.1, up from 47.3 in March. The rate of decline in overall new orders and new export orders eased in April, according to the report.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.