China's PMI of manufacturing sector rises to 55.2% in November -Shanghai Metals Market

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China's PMI of manufacturing sector rises to 55.2% in November

Data Analysis 10:01:16AM Dec 01, 2010 Source:SMM

BEIJING, Dec. 1-- The Purchasing Managers Index (PMI) of China's manufacturing sector rose to 55.2 percent in November, up 0.5 percentage points from October, the China Federation of Logistics and Purchasing said Wednesday.

The figure marked the 21th straight month that the index was above the boom-and-bust line of 50 percent.

The PMI includes a package of indices to measure performance of the country's manufacturing sector. A reading above 50 percent indicates economic expansion, while that below 50 percent indicates contraction. 

 

China's PMI of manufacturing sector rises to 55.2% in November

Data Analysis 10:01:16AM Dec 01, 2010 Source:SMM

BEIJING, Dec. 1-- The Purchasing Managers Index (PMI) of China's manufacturing sector rose to 55.2 percent in November, up 0.5 percentage points from October, the China Federation of Logistics and Purchasing said Wednesday.

The figure marked the 21th straight month that the index was above the boom-and-bust line of 50 percent.

The PMI includes a package of indices to measure performance of the country's manufacturing sector. A reading above 50 percent indicates economic expansion, while that below 50 percent indicates contraction.