China data – Caixin manufacturing PMI for May 52.0 (vs. expected 52.0)

News

China – Caixin/Markit Manufacturing PMI for May in line at 52.0

Key findings cited in the report: 

  • Total new business rises solidly, supported by stronger
    export sales 
  • Production growth softens slightly due to supply chain
    strain 
  • Staffing levels broadly stable as companies face steep rise
    in costs

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