China's manufacturing PMI down in March-Xinhua

China's manufacturing PMI down in March

Source: Xinhua

Editor: huaxia

2022-03-31 09:40:18

BEIJING, March 31 (Xinhua) -- The purchasing managers' index (PMI) for China's manufacturing sector came in at 49.5 in March, down from 50.2 in February, data from the National Bureau of Statistics showed Thursday.

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