Monday, March 23, 2015

ecns [expanded by feedex.net]: March manufacturing activity drops again to 11-month low

ecns [expanded by feedex.net]

ecns

March manufacturing activity drops again to 11-month low
http://www.ecns.cn/business/2015/03-24/159203.shtml
Mar 24th 2015, 02:23



2015-03-24 11:23


China's manufacturing activity in March fell again to 11-month low at 49.2, according to HSBC's preliminary purchasing managers' index (PMI) released on Tuesday.


The HSBC flash manufacturing PMI for March dropped below the 50-point level that separates growth in activity from a contraction on a monthly basis, compared with a reading of 50.7 in February, HSBC said in the report.


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





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