03.04.2014, 00:37
China's Manufacturing PMI Rises to 50,3% in March
OREANDA-NEWS. April 03, 2014. China's purchasing managers' index (PMI) for the manufacturing sector rose to 50.3 percent in March, up from 50.2 percent for February, according to official data.
A reading below 50 indicates contraction, while that above 50 signals expansion.
The monthly indicator is released by the National Bureau of Statistics and the China Federation of Logistics and Purchasing.
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