Financial News: Chin Manufacturing Activity Growth At 1-Year High

Chin Manufacturing Activity Growth At 1-Year High

03/31/2025 - 01:54:00 (RTTNews)

(RTTNews) - China's manufacturing activity logged its fastest growth in a year in March as exports surged ahead of further tariff hikes, official survey data revealed on Monday.

The factory PMI posted 50.5 in March compared to 50.2 in the prior month, the National Bureau of Statistics said. A score above 50.0 indicates expansion in the sector. The reading was seen at 50.4.

Likewise, the non-manufacturing PMI rose to 50.8 in March from 50.4 in the previous month. The expected reading was 50.5.

The composite output index advanced to 51.4 in March from 51.1 in February.

Although infrastructure spending is ramping up again and exports so far remaining resilient in the face of US tariffs, the surveys are still consistent with slower GDP growth in the first quarter amid weakness in the services sector, Capital Economics economist Julian Evans-Pritchard said.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Australia Building Approval Data Due On Wednesday (02 hr(s), 13 min(s), 50 sec(s) ago)
(RTTNews) - Australia will on Wednesday release February figures for building approvals, highlight ...Full Story»

Croatia Inflation Slows Further In March (07 hr(s), 46 min(s), 50 sec(s) ago)
(RTTNews) - Croatia's consumer price inflation eased for a second straight month in March as p ...Full Story»

U.S. Construction Spending Climbs More Than Expected In February (09 hr(s), 14 min(s), 50 sec(s) ago)
(RTTNews) - Partly reflecting a jump by spending on residential construction, the Commerce Departm ...Full Story»

U.S. Manufacturing Activity Contracts In March After Two Months Of Growth (09 hr(s), 34 min(s), 50 sec(s) ago)
(RTTNews) - Activity in the U.S. manufacturing sector contracted in March after two consecutive mo ...Full Story»

U.S. Job Openings Fall More Than Expected In February (09 hr(s), 38 min(s), 50 sec(s) ago)
(RTTNews) - Job opening in the U.S. fell by more than expected in the month of February, the Labor ...Full Story»

Brazil Manufacturing Growth Eases In March (09 hr(s), 38 min(s), 50 sec(s) ago)
(RTTNews) - The Brazilian manufacturing sector expanded at a softer pace in March as new orders an ...Full Story»

UK Manufacturing Downturn Deepens In March (10 hr(s), 28 min(s), 50 sec(s) ago)
(RTTNews) - UK manufacturing activity deteriorated at the fastest pace in seventeen months as the ...Full Story»

Dutch Inflation Eases Slightly, Retail Sales Rise At Slower Rate (11 hr(s), 49 min(s), 50 sec(s) ago)
(RTTNews) - Dutch inflation slowed slightly in March after accelerating in the previous month, sep ...Full Story»