What is the purchasing managers' index (PMI)?
1:07
What is the purchasing managers' index (PMI)?
Feb 27, 2019
South China Morning PostFinbarr Bermingham
The official manufacturing purchasing managers index rose to 50.1 in December, above November's 49.2, which was also forecast by economists for this month. Any number above 50 signifies expansion. The composite PMI, a broader measure that tracks activity across manufacturing and services, rose to 50.7 from 49.7 in November. #pmi #china | CGTNEurope
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