Thursday, December 1, 2011

Dec 01 - The CFLP PMI Drops to 49.0%, New Orders Fall Most Sharply


Source: ChinaScope Financial (Data),
 Xinhua
+   The CFLP PMI for November fell to 49.0%, down 1.4 percentage point MOM.
+   This is the first time since March, 2009 that the PMI has dropped below 50%
+   The production and new orders indicators both declined - new orders most sharply.
+   Related Data: PMI

PMI show a worsening outlook of the economy.

For more data of PMI and other indicators, please visit www.chinascopefinancial.com

Other News Headlines
  • Central Bank Lowers the RMB Reserve Ratio by 0.5 Percent
  • NDRC: Retail Electricity Price Increased by RMB 0.03, Contract Thermal Coal Price Gains Limited to Less Than 5%
  • Ministry of Finance: China’s 2011 Fiscal Revenue Will Exceed Budget Estimate
  • CCB and ABC Welcomes New Bank Leaders

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