The seasonally adjusted Caixin China General Manufacturing PMI – a composite indicator designed to provide a single-digit snapshot of operating conditions in the manufacturing economy – rose from 50.8 in January to 50.9 in February, signaling another marginal improvement in the state health of the manufacturing economy. the sector.
Businesses are reporting sustained increases in production and new orders.
Business optimism strengthens for the second consecutive month.
Input cost inflation has fallen to a seven-month low, selling prices are falling.
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