WS News
30 Apr 2026, 07:34
China’s April PMI data showed a mixed picture of economic activity.
The official manufacturing PMI came in at 50.3, slightly above expectations (50.1) but marginally lower than the previous reading (50.4), indicating continued but modest expansion in the industrial sector.
In contrast, the non-manufacturing PMI fell to 49.4, below both expectations (49.9) and the prior level (50.1), signaling a contraction in services and construction activity.
The official manufacturing PMI came in at 50.3, slightly above expectations (50.1) but marginally lower than the previous reading (50.4), indicating continued but modest expansion in the industrial sector.
In contrast, the non-manufacturing PMI fell to 49.4, below both expectations (49.9) and the prior level (50.1), signaling a contraction in services and construction activity.