China’s Flash HSBC PMI Fell To 48.1 In Mar


The flash Markit/HSBC Purchasing Managers’ Index (PMI) fell to 48.1 in March, compared with a final reading of 48.5 in February. This is an eight-month low for the measure.

The number also came in lower than market expectation of 48.7. A number below 50 signals contraction.

January was the first time the measure dropped below 50 since July 2013.

 
China Expert network

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