China’s NBS PMI points to easing manufacturing weakness, services soft patch

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China’s official PMI data for September signaled tentative improvement in industry but lingering softness in services.The NBS Manufacturing PMI rose to 49.8 from 49.4, its highest since March, though it still pointed to contraction. The gauge has been under 50 since April, reflecting headwinds for large and state-linked producers. The NBS Non-Manufacturing PMI slipped from […]The post China’s NBS PMI points to easing manufacturing weakness, services soft patch appeared first on Action Forex.