China’s factory activity improved slightly but extended its decline into a sixth month, the longest slump since 2019, as the economy descends into a slowdown after a growth spurt to start the year.
The official manufacturing purchasing managers’ index was 49.8, versus 49.4 in August, the National Bureau of Statistics said Tuesday. The median estimate of economists surveyed by Bloomberg was 49.6.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.