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China Mar Caixin Mfg PMI at 50.1, Topping Estimate
With successive progression of work and production resumption, China's Caixin Manufacturing PMI came in at 50.1 in March, topping forecast of 45.5, also rebounding 9.8 ppts fro...
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China Mar Caixin Mfg PMI at 50.1, Topping Estimate
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2020/04/01 09:48
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With successive progression of work and production resumption, China's Caixin Manufacturing PMI came in at 50.1 in March, topping forecast of 45.5, also rebounding 9.8 ppts from the historic low in February. The latest reading showed that the manufacturing industry sentiment held steady roughly while improvement magnitude remained limited. The Caixin's data aligned with NBS'.

China's production in March resumed to growth as some restriction measures were relaxed, ameliorating from the February's all-time slump in manufacturing production due to full-swing plant shutoff and transportation disruption.
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