ICYMI - All the PMIs released from China on Saturday showed further sharp contraction

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ICYMI - All the PMIs released from China on Saturday showed further sharp contraction

The post is here for more:

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

But, just the numbers (brace yourself):
China official PMIs for April 2022

   
        Manufacturing 47.4 vs. expected 48.0, prior 49.5
   
        Non-manufacturing 41.9 vs. prior 48.4
   

        Composite 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


China zero covid policy persists. The impact on the domestic economy is as above, ugly. Global supply chains will also be further disrupted. China Caixin /Markit Manufacturing PMI:

Source: ICYMI - All the PMIs released from China on Saturday showed further sharp contraction

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