Man­u­fac­tuir­ing hits 12-month low

China Daily (Canada) - - FRONT PAGE -

Man­u­fac­tur­ing ac­tiv­ity in April fell to a 12-month low at 49.2, ac­cord­ing to HSBC’s pre­lim­i­nary pur­chas­ing man­agers’ in­dex re­leased on Thurs­day.

The HSBC/ Markit flash China man­u­fac­tur­ing out­put in­dex posted 50.4 this month, a three-month low, data com­pany Markit said in a state­ment.

A read­ing above 50 in­di­cates ex­pan­sion, while a read­ing be­low 50 rep­re­sents con­trac­tion. (Photo 4)

Newspapers in English

Newspapers from China

© PressReader. All rights reserved.