Wednesday, March 01, 2023
China's PMI up in February
Xinhua
BEIJING, March 1 (Xinhua) -- The purchasing managers' index (PMI) for China's manufacturing sector came in at 52.6 in February, up from 50.1 in January, data from the National Bureau of Statistics showed Wednesday.
A reading above 50 indicates expansion, while a reading below reflects contraction.
The purchasing managers' index (PMI) for China's non-manufacturing sector came in at 56.3 in February, up from 54.4 in January, the National Bureau of Statistics said Wednesday.