China PMI Data Suggests Manufacturing Had A Solid Start To 2025
2025-03-03 06:18:00 ET
Summary
- Manufacturing returned to expansion for the fourth month in five, as new orders and production hit 10-month highs.
- The rebound in February was led by strong bouncebacks in the new orders index, which recovered to 51.1 from 49.2.
- By enterprise size, large enterprises continued to outperform medium and small enterprises in February.
By Lynn Song
Official manufacturing PMI beat expectations to return to expansion
China's February manufacturing purchasing managers’ index (PMI) rebounded to 50.2, up from 49.1 in January, beating market forecasts of 49.9. This marked a return to expansion territory after a soft January reading....
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