Manufacturing activity in China declined again in September, but at a slower pace compared to August, the flash survey results released by Markit Economics showed Thursday.
The flash HSBC/Markit manufacturing purchasing managers' index (PMI) rose to 47.8 in September from 47.6 in August. A PMI reading below 50, however, suggests contraction of the sector.
The manufacturing output index, meanwhile, dropped to a 10-month low of 47 in September from 48.2 in August.
by RTT Staff Writer
For comments and feedback: firstname.lastname@example.org