China’s September RatingDog Manufacturing PMI leaps to 52.1, Services PMI rises to 51.6
China's Manufacturing Purchasing Managers' Index (PMI) climbed to 52.1 in September from 51.5 in August, the latest data published by RatingDog showed on Wednesday. The market forecast was for a 51.6 print.
China's September Manufacturing Purchasing Managers Index (PMI) surged to 52.1 from 51.5 in August, while the Services PMI increased to 51.6, exceeding expectations. The market anticipated a PMI print of 51.6. China's Services PMI rose to 51.6, surpassing the previous 51.4 and the expected 51.1. The Australian Dollar (AUD) remained in the red following the PMI data, with the AUD/USD pair losing 0.40% on the day, now trading at 0.6960.
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