China's manufacturing PMI down in May-Xinhua

China's manufacturing PMI down in May

Source: Xinhua

Editor: huaxia

2023-05-31 09:59:45

BEIJING, May 31 (Xinhua) -- The purchasing managers' index (PMI) for China's manufacturing sector came in at 48.8 in May, down from 49.2 in April, data from the National Bureau of Statistics showed Wednesday.

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