September PMIs highlight surge in manufacturing production
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Manufacturers are ramping up output – but at the expense of prices. The stats bureau (NBS) and RatingDog released their PMI data for September just before the National Day holiday.
The NBS PMI came in at 49.8, up from 49.4 the previous month. The RatingDog PMI came in at 51.2, up from August’s 50.5...