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China Feb Caixin Mfg PMI Drops to 50.9, Missing Forecast
China's Caixin Manufacturing PMI hit 50.9 in February 2021, behind consensus of 51.3 and previous reading of 51.5. While staying at the expansionary territory for ten months, t...
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China Feb Caixin Mfg PMI Drops to 50.9, Missing Forecast
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2021/03/01 09:46
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China's Caixin Manufacturing PMI hit 50.9 in February 2021, behind consensus of 51.3 and previous reading of 51.5. While staying at the expansionary territory for ten months, the index slipped to the trough since June 2020. It showed that the marginal effect of the manufacturing recovery has further waned.
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