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 Chinese manufacturers enjoy uplift- Chinese manufacturers enjoy uplift
- December 03, 2012
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China's manufacturers enjoyed a modest return to growth in November, ending a run of 12 months of contraction.
According to HSBC's Purchasing Managers' Index™ the industry recorded a figure of 50.5 for November, up on October's 49.5 and marginally higher than the 50.4 reported for the Flash PMI on 22 November.
As the number 50 signifies the difference between an industry shrinking or growing, the latest PMI ™ suggests manufacturers are finally enjoying an upturn in conditions. The last time the index was above 50 was in October 2011.
The PMI™ is compiled using the views of senior purchasing executi...
- View more at: http://www.1888pressrelease.com/chinese-manufacturers-enjoy-uplift-pr-441296.html
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