China's PMI down to 50.2 percent in Feb
(MENAFN) The Chinese purchasing managers' index (PMI) came lower last month when compared to the month before it, Xinhua reported
The PMI dropped came at 50.2 percent in February, down from 50.2 percent in the previous month
A reading above 50 percent indicates growth, while a reading below 50 indicates contraction
The PMI is released by the Chinese National Bureau of Statistics and the China Federation of Logistics and Purchasing
The PMI dropped came at 50.2 percent in February, down from 50.2 percent in the previous month
A reading above 50 percent indicates growth, while a reading below 50 indicates contraction
The PMI is released by the Chinese National Bureau of Statistics and the China Federation of Logistics and Purchasing
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