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China#39;s factory activity falls faster than expected on weak demand

The official manufacturing purchasing managers#39; index (PMI) was 48.8 from 49.2 in April, according to data from the National Bureau of Statistics (NBS), its lowest in five months and below the 50-point mark that separates expansion from contraction. The PMI also dashed forecasts for an increase to 49.4.

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​ The official manufacturing purchasing managers#39; index (PMI) was 48.8 from 49.2 in April, according to data from the National Bureau of Statistics (NBS), its lowest in five months and below the 50-point mark that separates expansion from contraction. The PMI also dashed forecasts for an increase to 49.4. The official manufacturing purchasing managers#39; index (PMI) was 48.8 from 49.2 in April, according to data from the National Bureau of Statistics (NBS), its lowest in five months and below the 50-point mark that separates expansion from contraction. The PMI also dashed forecasts for an increase to 49.4.  Moneycontrol Latest News Read More  

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