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Caixin manufacturing PMI sets four-month high at 51.5

iconJan 2, 2018 10:37
Source:SMM
The Caixin manufacturing purchasing managers' index (PM) hit 51.5 points in December, setting a new high in four months and beating the expectation at 50.7 points.

The Caixin manufacturing purchasing managers' index (PM) hit 51.5 points in December, setting a new high in four months and beating the expectation at 50.7 points. It was also higher than November’s 50.8 points.

A reading above 50 indicates expansion, while a reading below that signals contraction.

 


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Caixin
PMI
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