Thu, May 03, 2012
Business > Economy

China's non-manufacturing sector slows in April

2012-05-03 07:02:08 GMT2012-05-03 15:02:08(Beijing Time)  Xinhua English

BEIJING, May 3 (Xinhua) -- China's non-manufacturing sector continued to expand in April but the growth slowed from the previous month, the China Federation of Logistics and Purchasing (CFLP) said Thursday.

The non-manufacturing sector's Purchasing Managers Index (PMI), a key economic indicator, fell 1.9 percentage points from March to 56.1 percent, according to a CFLP statement.

A PMI reading above 50 percent indicates expansion from the previous month, while readings below this mark indicate a contraction.

Taking account of seasonal factors, the index had increased for two consecutive months before retreating in April.

| PRINT | RSS

Add Your Comments:

Your Name:
Your Country:
Comment:
(English Only)
 
Please read our Terms of Service. Messages that harass, abuse or threaten others; have obscene or otherwise objectionable content; have spam, commercial or advertising content or links may be removed.

SPECIAL COVERAGE

MOST VIEWED

LATEST VIDEO

PICTURE GALLERY