ManufacturingAfter close
China's manufacturing PMI declines to 6-month low
after close1 source ↓written by the desknot a recommendation
- in October
- 49.0
- 49.8
- marking
- 6-month low
- and new orders
- 49.7
- orders dropping
- 48.8
China's manufacturing PMI fell to 49.0 in October, down from 49.8, marking a 6-month low. This decline was broader than expected, with production contracting to 49.7 and new orders dropping to 48.8.
This downturn raises concerns about industrial activity, potentially impacting global supply chains and market sentiment.
Not investment advice. For informational purposes only.