China PMI bounces back to eight-month high

By John Ollett
Published: Thursday, 01 November 2012

UK slide continues despite positive GDP; consumer goods buck declining trend

 

Chinese Junker in Kowloon Harbour
Credit:Robin Zebrowski

China’s manufacturing output hit an eight- month high as industrial activity began to bottom out, according to the HSBC manufacturing purchasing managers index (PMI).

The index posted 49.5 in October up from 47.9 in September, where a measure of 50 indicates...

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