ECONOMICS COMMENTARY
Sep 30, 2013
Slower rise in Chinese manufacturing output
After adjusting for seasonal factors, the HSBC PMI posted at 50.2 in September, broadly unchanged from 50.1 in August, and signalled that operating conditions improved fractionally since the previous month. Though only slight, this was a positive development, with the PMI signalling a further improvement upon July's 11-month low.
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