The manufacturing sector in China continued to expand in September, and at a faster rate, the latest survey from the National Bureau of Statistics showed on Wednesday with a manufacturing purchasing managers index score of 51.5.
That beat expectations for 51.2 and it’s up from 51.0 in August. It also moves further above the boom-or-bust line of 50 that separates expansion from contraction.
The bureau also said its non-manufacturing PMI came in with a score of 55.9 – also exceeding expectations for 55.5 and up from 55.2 in the previous month.
The material has been provided by InstaForex Company – www.instaforex.com
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