HSBC/Markit China’s manufacturing PMI falls further in May
1 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
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About Zarathustra
Zarathustra: Founder and Managing Editor of Also sprach Analyst. Once an analyst, now an investor and entrepreneur. Based in Hong Kong, but Londoner at heart.