Statistics

China's PMI of manufacturing sector rises to 55.2% in Nov

(Xinhua)
Updated: 2010-12-01 09:39

BEIJING - The Purchasing Managers Index (PMI) of China's manufacturing sector rose to 55.2 percent in November, up 0.5 percentage points from October, the China Federation of Logistics and Purchasing said Wednesday.

Related readings:  Oct PMI of manufacturing sector rises to 54.7%  China's PMI of manufacturing sector jumps to 53.8% in Sept  China Oct non-manufacturing sector PMI down

The figure marked the 21th straight month that the index was above the boom-and-bust line of 50 percent. The PMI includes a package of indices to measure performance of the country's manufacturing sector.

A reading above 50 percent indicates economic expansion, while that below 50 percent indicates contraction.