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China’s Caixin manufacturing PMI slips into contraction for April

Dow Jones Newswires Last Updated: May 3, 2023 at 10:53 p.m. ET First Published: May 3, 2023 at 9:55 p.m. ET By Dow Jones Newswires A private gauge of China’s factory activity fell into contractionary territory in April, pointing in the same direction as an official index and reflecting weakening market demand. The China Caixin

china’s-caixin-manufacturing-pmi-slips-into-contraction-for-april

Dow Jones Newswires

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Dow Jones Newswires

A private gauge of China’s factory activity fell into contractionary territory in April, pointing in the same direction as an official index and reflecting weakening market demand.

The China Caixin manufacturing purchasing managers index fell to 49.5 in April from 50.0 in March, according to data released Thursday by Caixin Media Co. and S&P Global.

It…

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