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    01.10.2015 08:55 Official data: Chinese manufacturing PMI rises to 49.8 in September

    The Chinese manufacturing PMI rose to 49.8 in September from 49.7 in August, beating expectations for a decline to 49.6, according to the Chinese government.

     

     

    A reading above the 50 mark indicates expansion, a reading below 50 indicates contraction.

     

     

    The increase was driven by rises in production and new orders.

     

     

    The services PMI remained unchanged at 53.4 in September.


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