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The manufacturing sector in China continued to expand in May, albeit at a slower pace, the latest survey from the National Bureau of Statistics showed on Monday with a manufacturing PMI score of 51.0.


RTTNews | May 30, 2021 09:08PM EDT

21:08 Sunday, May 30, 2021 (RTTNews.com) - The manufacturing sector in China continued to expand in May, albeit at a slower pace, the latest survey from the National Bureau of Statistics showed on Monday with a manufacturing PMI score of 51.0.

That was shy of expectations for 51.1, which would have been unchanged from the April reading. It does, however, remain well above the boom-or-bust line of 50 that separates expansion from contraction.

The bureau also said its non-manufacturing PMI came in with a score of 55.2, beating forecasts for 54.9, which would have been unchanged from the previous month's reading.

Read the original article on RTTNews ( https://www.rttnews.com/3198537/china-manufacturing-pmi-eases-to-51-0-in-may-nbs.aspx)

For comments and feedback: contact editorial@rttnews.com

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