The manufacturing purchasing managers’ index fell to 50.1 in April, a decrease on March’s performance of 50.5. Photos: Reuters
China’s PMI suffers surprise decline in April despite Beijing’s stimulus efforts
- China’s manufacturing purchasing managers’ index fell in April, suggesting Beijing’s stimulus is having muted impact on the economy
- Manufacturing PMI fell to 50.1 in April, while non-manufacturing PMI fell to 54.3, both missing analysts’ higher expectations
The manufacturing purchasing managers’ index fell to 50.1 in April, a decrease on March’s performance of 50.5. Photos: Reuters
