China’s official manufacturing purchasing managers’ index (PMI) for August stood at 51.0, with a reading above 50.0 suggesting growth in factory output. Photo: Xinhua
China’s official manufacturing purchasing managers’ index (PMI) for August stood at 51.0, with a reading above 50.0 suggesting growth in factory output. Photo: Xinhua

China’s economic recovery continues as services sector grows at fastest pace in over two and a half years in August

  • The official manufacturing purchasing managers’ index (PMI) was 51.0 for August, with a reading above 50.0 signifying growth in factory output
  • Non-manufacturing PMI was 55.2, with both surveys now reporting positive outlooks for six consecutive months

China’s official manufacturing purchasing managers’ index (PMI) for August stood at 51.0, with a reading above 50.0 suggesting growth in factory output. Photo: Xinhua
China’s official manufacturing purchasing managers’ index (PMI) for August stood at 51.0, with a reading above 50.0 suggesting growth in factory output. Photo: Xinhua
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