- Flash China Manufacturing PMI™ at 49.8 in January (49.6 in December). Two-month high.
- Flash China Manufacturing Output Index at 50.1 in January (49.9 in December). Three-month high.
The HSBC China Manufacturing PMI rose to 49.8 in the flash reading for January, up from 49.6 in December. Domestic demand improved marginally while external
demand remained solid. The labour market weakened and prices fell further. Today’s data suggest that the manufacturing slowdown is still ongoing amidst weak
domestic demand.