China official factory PMI unexpectedly edges up in March

April 1, 2015 1:33 AM

55 0

China official factory PMI unexpectedly edges up in March

BEIJING (Reuters) - Activity in China's factory sector unexpectedly picked up in March but remained weak, an official survey showed, reinforcing signs of persistent sluggishness in the economy which may need further policy support.

The official Purchasing Managers' Index (PMI), released by the National Bureau of Statistics on Wednesday, edged up to 50.1 in March from February's 49.9, stronger than 49.7 percent predicted by analysts in a Reuters poll.

Also read: Najdawi scores 30 to lead The Citadel past Colgate 108-101

Read more

To category page

Loading...