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Asian Economic News

China HSBC Manufacturing Index Slides To 50.4

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

An index measuring manufacturing activity in China came in with a score of 50.4 in November, flash survey results from HSBC and Markit Economics revealed on Thursday.

That was well shy of forecasts for 50.8 and down from 50.9 in October.

A score above 50 means expansion in a sector, while a reading below 50 signals contraction.

The data also showed that the flash China Manufacturing Output Index came in 51.3 in November, up from 51.1 in October.

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