Stimulus Measures

This tag is associated with 2 posts

China Manufacturing PMI At 50.2 In May, In Line With Forecasts

The official manufacturing Purchasing Managers’ Index (PMI) edged up to 50.2 from April’s 50.1 in line with analysts’ forecast for a 50.2 reading. A reading above 50 points indicates growth on a monthly basis, while one below that points to contraction.   “In view of the sizes of enterprises, the PMI of large-sized enterprises was 50.7 … Continue reading

China May Official PMI Seen Colourless: Stimulus Measures Ineffective?

“China’s factories struggled to expand in May despite recent interest rate cuts and other policy stimulus, a Reuters poll showed, suggesting the government may have to do more to halt a protracted slowdown in the economy,” Reuters reports. The official manufacturing Purchasing Managers’ Index, known as PMI, is forecast to inch up to 50.2 from April’s … Continue reading

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