Wednesday, 2 October 2013

China's Non-ManftgIndex(PMI) rose 55.4 in September

China's non-manufacturing purchasing managers' index (PMI) rose to 55.4 percent in September from 53.9 percent for August, according to official data released on Thursday.
A PMI reading of more than 50 percent indicates expansion in non-manufacturing activity, while a reading below 50 percent indicates contraction.
The index was released by the National Bureau of Statistics and the China Federation of Logistics and Purchasing.
Source: Xinhua

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