HSBC/Markit November Flash Manufacturing PMI: 50.4

  • 50.8 expected
  • prior was 50.9

Lower than the 7-month high recorded for October, so growth momentum slowing somewhat.

Output prices lowers, input prices higher but at a slower rate … so doesn’t look like inflation pressures will keep the authorities from stimulating (should they wish to).

HSBC Flash China Manufacturing pmi 21 November 2013
HSBC Flash China Manufacturing  pmi 2