China Caixin November manufacturing PMI 51.8 vs 51.5 expected

Author: Adam Button | Category: News

China Caixin manufacturing data:


  • Prior was 51.7
  • Fourth consecutive reading above 50
  • Best reading since December 2016
  • Output 52.9 vs 53.0 prior
  • New orders at the lowest since Sept
  • First time above 50 in employment in 8 months
On the weekend, the official China manufacturing PMI rose to 50.2 from 49.3 but it focuses more on heavy manufacturing, which are often companies that are more export-oriented.

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