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11/30/2021, 2:02 AM (Source: TeleTrader)
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China's manufacturing sector up in November

China's National Bureau of Statistics (NBS) Purchasing Manager's Index (PMI) for manufacturing increased to 50.1 in November, according to a report by the China Federation of Logistics and Purchasing (CFLP), released on Tuesday.

The data, compiled by the NBS, showed the nation's factory activity rising above the neutral 50 to landing slightly above estimates, marking an overall growth in the sector.

On the other hand, the official non-manufacturing PMI for the month disappointed expectations, decreasing to 52.3 on a monthly basis, in contrast with the previous figure of 52.4.

Baha Breaking the News (BBN) / NL