11/30/2019, 3:23 AM (Source: TeleTrader)
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China's Non-Manufacturing PMI rises to 54.4 in November

China's Non-Manufacturing Purchasing Managers' Index (PMI) landed at 54.4 in November, marking a jump of 1.6 index points from October, the National Bureau of Statistics reported on Saturday. It recorded better-than-expected results as the estimates were it would stand at 53.6.

Chinese service industry business activity index was 53.5, representing a rise of 2.1 percentage points from the previous month, while new orders index returned to expansion territory as it stood at 50.5, according to the report.

Breaking the News / MS