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China’s April factory activity ticks higher, but growth softens on weaker orders

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Source: CNBC
China’s April factory activity ticks higher, but growth softens on weaker orders
Photo: CNBC
TL;DR Summary

China’s official manufacturing PMI rose to 50.3 in April, beating expectations and signaling expansion, but growth cooled from March as new orders slowed. The non-manufacturing PMI contracted, while a private PMI jumped to 52.2—the strongest since December 2020—driven by solid demand and new product launches. Export orders rose, though input prices remained elevated due to oil amid Middle East tensions.

Topics:business#china#economy#export-orders#manufacturing#new-orders#note-only-five-allowed#pmi
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  1. China factory activity tops expectations in April — but growth slows as new orders soften  CNBC
  2. China’s factory activity expands for a second month despite shocks from the Iran war  AP News
  3. China's factory activity extends expansion, PMI shows, as Iran war risks mount  Reuters
  4. China’s Factory Activity Expands Despite Pressure From Iran War  Bloomberg.com
  5. China’s Factory Activity Holds Up Despite Middle East Disruptions  WSJ

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