11/30/2022, 2:34 AM (Source: TeleTrader)
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China's manufacturing sector down in November

China's National Bureau of Statistics (NBS) Purchasing Manager's Index (PMI) for manufacturing landed in the contractionary territory in November, according to a report released on Wednesday by the China Federation of Logistics and Purchasing (CFLP).

The data, compiled by the NBS, showed the headline figure at 48.0, below the neutral 50, which marks an overall production decline in the sector, with the figure also decreasing compared to last month's 49.2.

Additionally, the official non-manufacturing PMI for the month stood at 46.7.

Baha Breaking News (BBN) / NL