Monday, September 23, 2013

China PMI up

The PMI series fit quite well with other economic data.  Markit releases preliminary PMIs on 24th of the month for that month.  They are sometimes revised when more data become available, but the revisions aren't usually too big.

The September PMI for China rose a little, extending the rise which began in August.   Looks to me that Chinese growth has bottomed.



No comments:

Post a Comment