Econ and Finance - 01 Jun 2020

PMI weak – again

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On Sunday, the National Bureau of Statistics (NBS) released its Purchasing Managers’ Index (PMI) for May.

The results were – to use a highly technical economic term – pretty meh.

The manufacturing PMI for May came in at 50.6, down slightly from 50.8 at the end of April.

As a reminder: ...

Snuh-ohez.

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