CHINA ; China March Caixin Manufacturing PMI 51.2 [Est.51.1, Prev.50.8], HITS 4-MONTH HIGH
China's Caixin Manufacturing PMI sub-indices show continued expansion in supply and demand. In March, production reached a four-month high, while new orders dipped slightly but stayed in growth territory.
Consumer goods saw strong demand, and exports hit their highest level since May 2024, driven by recovering global demand and a broader customer base.
China's Caixin Manufacturing PMI sub-indices show continued expansion in supply and demand. In March, production reached a four-month high, while new orders dipped slightly but stayed in growth territory.
Consumer goods saw strong demand, and exports hit their highest level since May 2024, driven by recovering global demand and a broader customer base.
