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China PMIs for April 2022 have been published - all are well into contraction

Started by forex4you, May 01, 2022, 10:07 am

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May 01, 2022, 10:07 am
China PMIs for April 2022 have been published - all are well into contraction

China official PMIs for April 2022
    • Manufacturing 47.4 vs. expected 48.0, prior 49.5
    • Non-manufacturing 41.9 vs. prior 48.4Composite 42.7 vs. prior 48.8
    
China Caixin /Markit Manufacturing PMI for April comes in at 46.0
    • vs. expected 47.0, prior 48.1
The intensification of the COVID-19 outbreak and the associated lockdowns and restrictions across many centres in the country, most notably in Shanghai and other economic powerhouse regions, weighed on the economy in the month. 

Source: China PMIs for April 2022 have been published - all are well into contraction

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