Text: | Print|

China's non-manufacturing PMI drops to 56 pct in Nov

2013-12-03 09:49 Xinhua Web Editor: qindexing
1

The purchasing managers index (PMI) for China's non-manufacturing sector stood at 56 percent in November, down from 56.3 percent for October, according to official data released on Tuesday.

A PMI reading above 50 percent indicates expansion, while a reading below 50 percent indicates contraction.

The monthly indicator is released by the National Bureau of Statistics and the China Federation of Logistics and Purchasing.

Comments (0)
Most popular in 24h
  Archived Content
Media partners:

Copyright ©1999-2018 Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.