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China’s official manufacturing PMI for December contrasts with Caixin’s

  • Jan 02, 2024, at 3:32 pm
On December 31, the National Bureau of Statistics released data showing that in December, the manufacturing purchasing managers index (PMI) in China was 49%, a decrease of 0.4 percentage points from the previous month.

On December 31, the National Bureau of Statistics released data showing that in December, the manufacturing purchasing managers index (PMI) in China was 49%, a decrease of 0.4 percentage points from the previous month.

The Caixin China Manufacturing Purchasing Managers Index (PMI) was 50.8 in December 2023, 0.1 percentage points higher than in November, and has been in the expansion territory for two consecutive months.

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