The official PMIs from China’s National Bureau of Statistics for November 2022
Manufacturing a big miss at a horrible 48.0
- expected 49.0, prior 49.2
Services with an even bigger miss at 46.7
- expected 48.0, prior 48.7
more to come
The privately surveyed, and thus unofficial, PMIs from Markit/Caixin will follow later this week. These are different surveys, there is a greater representation of large and SEO firms in the official PMIs.