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Financial News: China Manufacturing PMI Jumps To 51.7 In August

China Manufacturing PMI Jumps To 51.7 In August

08/30/2017 - 21:15:00 (RTTNews)

(RTTNews) - The manufacturing sector in China continued to expand in August, and at a faster rate, the latest survey from the National Bureau of Statistics said on Thursday with a PMI score of 51.7.

That beat forecasts for 51.3 and was up from 51.4 in July.

It also moved further above the boom-or-bust line of 50 that separates contraction from expansion.

The bureau also said that its non-manufacturing PMI came in with a score of 53.4, down from 54.5 in the previous month.

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