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China May manufacturing PMI 51.7 vs 51.4 in April - Caixin
7th consecutive monthly improvement (Il Sole 24 Ore Radiocor) - London, 03 Jun - In May, China's purchasing managers' index for the manufacturing sector rose to 51.7 from 51.4 in April, according to data released by S&P Global along with local media partner Caixin.
A reading above 50 signals expanding sector activity while one below indicates a contraction.
The reading marked the seventh successive monthly improvement in the health of the sector, with growth the most pronounced in 23 months, it added.
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(RADIOCOR) 03-06-24 08:01:46 (0055) 5 NNNN