China – PMIs sideways
At a headline level, both the manufacturing and non-manufacturing PMIs crept up in January. The details in the manufacturing survey were weaker than the headline. Activity remains soft, but overall, looks to be going sideways.
At a headline level, both the manufacturing and non-manufacturing PMIs crept up in January. The details in the manufacturing survey were weaker than the headline. Activity remains soft, but overall, looks to be going sideways.