TELETRADER News
3/31, 3:31 AM
(Source: TeleTrader)
NBS: China March non-manufacturing growth highest in years
China's Manufacturing Purchasing Managers' Index (PMI) stood at 51.9% in March, representing a decrease of 0.7 percentage points from the previous month, according to a report by the National Bureau of Statistics (NBS) published on Friday.
The Non-Manufacturing Business Activity Index rose by 1.9 percentage points to 58.2%, the highest it has been "in recent years," according to the NBS.
The Composite PMI Output Index came in at 57%, 0.6 percentage points higher compared to the month prior.