Search: Look for:   Last 1 Month   Last 6 Months   All time
Home :: World

China's non-manufacturing sector slows

China,Business/Economy, Thu, 03 May 2012 IANS

Beijing, May 3 (IANS) China's non-manufacturing sector continued to expand in April but the growth slowed from the previous month, authorities said Thursday.

 

The non-manufacturing sector's Purchasing Managers Index (PMI), a key economic indicator, fell 1.9 percentage points from March to 56.1 percent, according to a China Federation of Logistics and Purchasing (CFLP) statement.

 

A PMI reading above 50 percent indicates expansion from the previous month, while readings below this mark indicate a contraction.

 

Taking account of seasonal factors, the index had increased for two consecutive months before retreating in April, reported Xinhua.

 


LATEST IMAGES
Manohar Lal being presented with a memento
Manoj Tiwari BJP Relief meets the family members of late Ankit Sharma
Haryana CM Manohar Lal congratulate former Deputy PM Lal Krishna Advani on his 92nd birthday
King of Bhutan, the Bhutan Queen and Crown Prince meeting the PM Modi
PM Narendra Modi welcomes the King of Bhutan
Post comments:
Your Name (*) :
Your Email :
Your Phone :
Your Comment (*):
  Reload Image
 
 

Comments:


 

OTHER TOP STORIES


Excellent Hair Fall Treatment
Careers | Privacy Policy | Feedback | About Us | Contact Us | | Latest News
Copyright © 2015 NEWS TRACK India All rights reserved.