Apr 5 - China’s Non-Manufacturing PMI Grows to 58% in March

Source: NBS, ChinaScope Financial (Data)

+      In March, China’s seasonally adjusted non-manufacturing PMI was 58%, 0.7 percentage points higher than in February and still high above the demarcation line of 50. All sub-indices; new orders, business activity index, input costs, sales price and business activity outlook all increased.

The Non-manufacturing PMI continued its upward climb and landed at 58 in March 2012. Among sub-indices, business activity outlook increased the most, by 2.8 ppt.

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