HSBC/Markit China’s manufacturing PMI falls further in May1 June, 2012, 10:34. Posted by Zarathustra
The HSBC/Markit China’s manufacturing PMI falls further as the official PMI plunges. The headline PMI from HSBC/Markit is 48.4, falling from 49.3 in April, and lower than their flash estimate of 48.7.
The chart below shows the headline numbers for both official and HSBC/Markit China’s manufacturing PMIs.
Source: HSBC/Markit, National Bureau of Statistics