China’s National Bureau of Statistics official PMIs
Manufacturing 49.6 … Reuters posting an early release
- expected 50.1, prior 50.1
- into contraction for the first tie since February 2020 … wow …. this is not good.
Non-manufacturing 53.2
- expected 52.7, prior 47.5
Composite 51.7
- prior 48.9
more to come
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Still to come:
0145 GMT China Caixin/Markit Manufacturing PMI for September
- expected 49.5, prior 49.2
ps. I posted earlier it was a holiday in China today … too soon! The holiday is Friday (& through to October 7).