PMI


China boosts factory output as services growth lags behind

China boosts factory output as services growth lags behind

(ATF) China’s economic recovery has continued to broaden in the wake of the coronavirus pandemic, new manufacturing and services activity data released on Wednesday show.Factory activity in China picked up in March, with the key purchasing managers’ index (PMI) rising more than expected to 51.9 - from 50.6 in February …

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Markets this week: Political tensions, PMI numbers

Markets this week: Political tensions, PMI numbers

ECONOMIC EVENTSFinancial markets this week will be on edge after Beijing reacted to sanctions imposed by the United States, European Union, Britain and Canada for what they say are human rights violations in Xinjiang region.In another reflection of the US-China tensions, US-listed shares of China-based Baidu Inc and Tencent Music …

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China's factory activity expands at slowest pace in seven months 

China's factory activity expands at slowest pace in seven months 

(ATF) China's factory activity expanded in January at the slowest pace in seven months at the start of 2021, weighed down by falling export orders amid a surging global pandemic and rising costs, according to a key index released on February 1.The slowdown in the manufacturing sector underscores the fragility …

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China manufacturers continue to rebound from pandemic 

China manufacturers continue to rebound from pandemic 

(ATF) China’s manufacturing sector continued to rebound from the coronavirus pandemic, with further improvement in December, although the pace of expansion slowed from the previous month.The Caixin/Markit manufacturing purchasing managers’ index (PMI) dipped to 53 from November's figure of 54.9. The PMI covers purchasing, production and logistics and is one …

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China services hit 10-year high as economy shakes off pandemic 

China services hit 10-year high as economy shakes off pandemic

(ATF) Services in China continued its expansion in November as a key purchasing managers index (PMI) hit a 10-year high, according to data released on Thursday.The Caixin China General Services Business Activity Index, a snapshot, rose to 57.8 in November from 56.8 the previous month, hitting the second-highest level since …

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More data signals strong China growth

More data signals China growth

(ATF) China is powering its way out of the coronavirus downturn.Yet more data released Tuesday showed the world’s second-largest economy is growing at an ever-faster rate, just months after the pandemic inflicted the first quarterly contraction in generations on the communist state.The latest purchasing managers index (PMI) survey data on …

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China's factory output hits 3-year high, November PMI data show

China's factory output hits 3-year high, November PMI data show

(ATF) China's factory activity expanded at the fastest pace in more than three years in November as the country's economic recovery from the coronavirus pandemic stepped up.The manufacturing purchasing managers’ index jumped to 52.1 in November from 51.4 a month ago, mostly due to more domestic orders and an increase …

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ATF indexes climb ahead of US elections, PMI print

ATF indexes climb ahead of US elections, PMI print

(ATF) The ATF indexes closed broadly positive on Friday, ahead of what is likely to be a volatile week in Asia due to the US election on 3 November and a raft of economic data activity. The benchmark China Bond 50 index climbed 0.01%, finishing the week 0.12% higher. Meanwhile, …

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