Manufacturing sees slower growth

China Daily (Canada) - - SHANGHAI -

Manufacturing con­tracted in Oc­to­ber for the third straight month and the ser­vice sec­tor saw slower growth, the Na­tional Bureau of Statis­tics re­ported.

The manufacturing pur­chas­ing man­agers in­dex was 49.8 in Oc­to­ber, be­low the 50 level that sep­a­rates ex­pan­sion from con­trac­tion, and the same as in Septem­ber. The fig­ure for non­man­u­fac­tur­ing sec­tors, in­clud­ing ser­vice and con­struc­tion­busi­nesses, fell to 53.1, com­pared with 53.4 in Septem­ber.

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