Sunday, 31 March 2013

Economy News Headlines - Yahoo! News: China's March official factory PMI at 11-month high

Economy News Headlines - Yahoo! News
Get the latest economy news headlines from Yahoo! News. Find breaking economy news, including analysis and opinion on top economy stories, photos and more.
China's March official factory PMI at 11-month high
Apr 1st 2013, 01:35

An employee works at a steel factory that exports to Europe and America in JiaxingBEIJING (Reuters) - China's factory production ran at its fastest in 11 months in March, according to the official manufacturing purchasing managers index published on Monday, though the rise to 50.9 missed market expectations of a bigger headline jump. The PMI missed market expectations, based on a Reuters poll of analysts, for a solid uptick to 52.0 from February's five-month low of 50.1, confounding the view of some analysts that the world's second-biggest economy might be recovering faster than expected from a slowdown in 2012 that dragged growth to a 13-year low of 7.8 percent. ...


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