BEIJING (Reuters) - Factory activity in China shrank for the sixth straight month in October, official data showed on Thursday, pointing to further pressure on its manufacturers as they grapple with the weakest economic growth in nearly 30 years. The official Purchasing Managers' Index (PMI) was at 49.3 in October, dipping from 49.8 in September, the survey from the statistics bureau showed.
The post China October factory activity shrinks for sixth month – official PMI appeared first on Firstpost.
from Firstpost https://ift.tt/2JBOzMw
No comments:
Post a Comment