Manufacturing production in China drops in December. Indeed, the HSBC PMI index dropped from 50,8 in November to 50,5 in December, the lowest for three months.
Manufacturing production in China fell in December and reached a three-month low. The HSBC PMI index, in fact, fell to 50,5 in December from 50,8 in November. The indicator remained unchanged compared to the flash estimate released by HSBC on 16 December.
A figure above 50 indicates expansion in manufacturing activity, a figure below indicates contraction. New orders are on the rise while foreign sales record the first decline in four months.
FIRSTonline is an independent web journal of economics, finance and stock exchange published by AL Iniziative Editoriali Srl with registered office in Rome, founded and controlled by Ernesto Auci e Franco Locatelli and owned by two minority shareholders (Alessandro Pavesi and Laura Rovizzi). The portal and its applications are created in daily life by two agile editorial offices, one in Milan and one in Milan Roma, and by an innovative and effective team of innovation and web managers.
