China's manufacturing PMI shrinks to 50.1 in January - Breaking The News

China's manufacturing PMI shrinks to 50.1 in January

3 February

1 min read

EPA-EFE/ALEX PLAVEVSKI

China's National Bureau of Statistics (NBS) Purchasing Manager's Index (PMI) for manufacturing landed in the expansionary territory in January, according to a report released on Monday by the China Federation of Logistics and Purchasing (CFLP).

The data, compiled by the NBS, showed the headline figure at 50.1, above the neutral 50, which marks an overall production decline in the sector. However, the figure decreased compared to last month's 50.5.

data pmi

US factory orders drop 3.7% in April

4 hours ago

New orders for manufactured goods decreased 3.7% to $594.6 billion in April, according to the United States Census Bureau's report published Tuesday.Shipments decreased by 0.3% compared to the previous month to $598.9 billion, while unfilled orders were mostly unchanged, increasing $0.7 billion to stand at $1,408.5 billion. The unfilled orders-to-shipments ratio was 6.77. Inventories dropped 0.1% to $943.6 billion. Meanwhile, the...

Eurozone's unemployment rate down to 6.2% in April

9 hours ago

The unemployment rate in the Eurozone clocked in at 6.2% in April, down from 6.3% registered in March, Eurostat shared in a report on Tuesday. In the entire European Union, the rate of unemployment was stable at 5.9%.In the entire bloc, 12.902 million persons were unemployed in the reported month, out of which 10.680 million were located in the euro area. Month on month, there were 207,000 fewer unemployed individuals in the Eurozone, while for the...

Eurozone inflation down from 2.2% to 1.9% in May

9 hours ago

Annual inflation in the euro area declined from 2.2% in April to 1.9% in May, according to a preliminary report by the European Union's statistical office, Eurostat, published on Tuesday.Food, alcohol, and tobacco are expected to experience the highest inflation rate in May, at 3.3%, followed by services, at 3.2%. The prices of non-energy industrial goods are expected to rise at a rate of 0.6%, while the inflation rate for energy is expected to stand at negative...

Italian unemployment rate down to 5.9% in April

10 hours ago

The unemployment rate in Italy fell to 5.9% in April, compared to 6.1% in March, according to a preliminary report by the country's statistics agency Istat published on Tuesday. The inactivity rate increased by 0.1 percentage points to 33.2%.The number of employed people remained stable from the previous month at 24.2 million. Among them, self-employment and temporary employment are on the rise, with 5.2 million and 2.7 million recorded in April, while...

This website uses cookies to ensure you get the best experience. Our Terms of Use and Data Protection Policy explain the data we collect, why we collect them, and how we may share them.