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Pmi Rose to 55.2% in October With Economic Anticipation Still Optimistic
Tuesday, November 03, 2009 2:59 PM


(Source: Info-Prod Research (Middle East))trackingAccording to FDI: Data issued by the China Federation of Logistics and Purchasing on November 1 indicated that the Purchasing Manager's Index (PMI) in October was 55.2%, up 0.9 percentage points compared with September. Experts deemed that the successive increase of PMI serving as one leading economic indicator reflects Chinese economic anticipation in the fourth quarter maintains optimistic. Data showed that the PMI took on a rising trend in general in October.

Originally published by Info-Prod Strategic Business Information.

(c) 2009 Info-Prod Research (Middle East). Provided by ProQuest LLC. All rights Reserved.

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