China Manufacturing PMI Slips To 50.2 In October



The manufacturing sector in China continued to expand in October, albeit at a slower pace, the latest survey from the National Bureau of Statistics said on Wednesday with a manufacturing PMI score of 50.2.

That missed expectations for 50.6 and was down from 50.8 in September - although it remains above the boom-or-bust line of 50 that separates expansion from contraction.

The bureau also said its non-manufacturing index came in with a score of 53.9 - missing forecasts for 54.6 and down from 54.9 in the previous month.

The composite index had a score of 53.1, down from 54.1 a month earlier.

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