Go Symbol Lookup
Loading...

China Dec official factory PMI flat at 50.6-NBS

 Text Size  
Published: Monday, 31 Dec 2012 | 8:14 PM ET

BEIJING, Jan 1 (Reuters) - China's official manufacturing purchasing managers' index held steady at 50.6 in December, matching November's seven-month high, the National Bureau of Statistics said on Tuesday.

The headline figure was lower than expectations from an economist poll by Reuters last week, which had forecast a stronger confirmation of recovering growth in the world's second-largest economy.

A PMI reading below 50 suggests growth slowed, while a number above 50 indicates accelerating growth.

On Monday, the HSBC China PMI, which gathers more data from smaller, privately-held firms that have a strong export focus, signalled that growth in the manufacturing sector had quickened to its fastest pace since May 2011 with a December reading of 51.5.

 Print
BEIJING, Jan 1- China's official manufacturing purchasing managers' index held steady at 50.6 in December, matching November's seven-month high, the National Bureau of Statistics said on Tuesday.

   
Comments

 

More Comments

 
 

Add Comments

 

Your Comments (Up to 1100 characters):

Remaining characters

Your comments have not been posted yet.

Please review your submission to make sure you are comfortable with your entry.

Your Comments: