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Economy And The Numbers

China Manufacturing Activity Recovers In November

By Renju Jaya   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

China's factory activity rebounded in November as sustained rise in new orders lifted production, survey results from S&P Global showed on Friday.

The Caixin manufacturing Purchasing Managers' Index, or PMI, rose to a three-month high of 50.7 in November from 49.5 in October.

Economists had forecast the index to rise moderately to 49.8.

The health of the sector strengthened for the third time in the past four months. A score above 50.0 indicates expansion.

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