The manufacturing sector in China continued to expand in February, albeit at a slower pace, the latest survey from Caixin showed on Monday with a manufacturing PMI score of 50.9.
That's down from 51.5 in January, although it remains above the boom-or-bust line of 50 that separates expansion from contraction.
Individually, output expanded modestly amid a softer rise in new work as the pandemic weighed on export sales and supplier performance.
Greater prices for raw materials and higher transport costs led to a further substantial rise in input costs. As a result, prices charged by manufacturers rose solidly as companies looked to partially pass on higher cost burdens to customers.
Business confidence improved on hopes for a global economic recovery in the months ahead.
Economic News
作者：RTTNews Staff Writer，文章来源RTTNews，版权归原作者所有，如有侵权请联系本人删除。
风险提示：本文所述仅代表作者个人观点，不代表 Followme 的官方立场。Followme 不对内容的准确性、完整性或可靠性作出任何保证，对于基于该内容所采取的任何行为，不承担任何责任，除非另有书面明确说明。
加载失败()