China Purchasing Manager Indexes Rose In October

November 1st, 2010 by Belisarius

(For October 2010)

Both of the China Purchasing Manager Indexes rose in October. China Federation of Logistics & Purchasing and National Bureau of Statistics PMI (“official PMI”) rose from 53.8 to 54.8. HSBC/Markit China PMI rose from 52.9 to also 54.8.

In September industrial production didn’t follow the PMI’s readings, so odds are high this month that industrial production growth rate will increase as suggested by the PMI’s.

Chart 1. China Federation of Logistics & Purchasing and National Bureau of Statistics PMI; HSBC Markit China Manufacturing PMI; China Industrial Production Growth


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This entry was posted on Monday, November 1st, 2010 at 4:48 am and is filed under China. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

One Response to “China Purchasing Manager Indexes Rose In October”

  1. >Ya es oficial: China se está frenando « LA FOTO OLVIDADA DE AYER Says:
    May 14th, 2011 at 3:03 am

    […] que Societe Generale no facilite los datos de 2008 y 2009 para comparar, aunque aquí les dejo una gráfica histórica de la que podemos deducir de las cifras de abril una lectura bastante negativa. Tanto que no sería […]

 
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