China's non-manufacturing PMI picks up in May

Xinhua
The purchasing managers' index for China's non-manufacturing sector came in at 55.2 in May, up 0.3 percentage points from the April figure.
Xinhua

The purchasing managers' index for China's non-manufacturing sector came in at 55.2 in May, up 0.3 percentage points from the April figure, the National Bureau of Statistics said on Monday.

A reading above 50 indicates expansion, while a reading below reflects contraction.


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