China March PMIs: Manufacturing 51.9 (expected 51.2) & Services 56.3 (expected 52.0)

China official PMIs for March show improvement

Manufacturing 51.9
Non-manufacturing 56.3

  • expected 52.0, prior 51.4

  • the construction measure hit 62.3 (previous 54.7)

Composite 55.3

  • prior 51.6   

 Composite PMI:china pmi

Very good numbers these from China – at the margin should be supportive for ‘risk’. 

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