- Flash China Manufacturing PMI™ at 49.2 in April (49.6 in March). 12-month low.
- Flash China Manufacturing Output Index at 50.4 in April (51.3 in March). Three-month low.
Production increased only marginally, while total new business declined for the second successive month. Relatively weak demand conditions were also highlighted by stronger deflationary pressures in the sector, with both input and output prices falling at faster rates. Meanwhile, job shedding across manufacturing firms was recorded for the eighteenth month in a row.
On a brighter note, demand from overseas improved in April, with new export work rising for the first time in three months.