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MacroBusiness Access Subscriber Only Content at 10:40 am on March 1, 2021 | 0 comments Via China’s NBS comes the February PMIs. These were weak but even more so when one considers that the great Chinese New Year people migration was effectively cancelled this year meaning more people remained at work. It may simply be that that distortion has not been picked up by the survey’s seasonal adjustments: In February , China’s Manufacturing Purchasing Managers Index ( PMI ) was 50.6% , which was 0.7 percentage points lower than the previous month. It was above the threshold for 12 consecutive months, and the manufacturing industry’s prosperity level fell from the previous month.

Via chinaChinese new yearManufacturing purchasing managers indexவழியாக சீனாசீன புதியது ஆண்டுஉற்பத்தி வாங்குதல் மேலாளர்கள் குறியீட்டு