Open Demo Account
Home / Market Update / Chinese Manufacturing PMI Fell to 51.9 in December

Chinese Manufacturing PMI Fell to 51.9 in December

Adel 31 December, 2020 12:21 pm Market Update

The manufacturing PMI fell to 51.9 in December from 52.1 last November.

The Chinese economy is expected to expand about 2% for the full year at the weakest pace in more than three decades.

The official PMI showed that the new export orders sub-index stood at 51.3 in December, down from 51.5 the previous month.

Tags

Check Also

AUD Plummets to Five-Year Low as China’s Tariff Bombshell Rocks Global Markets

In a dramatic twist of global economic fortunes, the Australian dollar has crashed to its …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends