皇冠体育app

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皇冠体育app's PMI of manufacturing sector rises to 55.2% in Nov

2010-12-01 09:39

BEIJING - The Purchasing Managers Index (PMI) of 皇冠体育app's manufacturing sector rose to 55.2 percent in November, up 0.5 percentage points from October, the 皇冠体育app Federation of Logistics and Purchasing said Wednesday.

The figure marked the 21th straight month that the index was above the boom-and-bust line of 50 percent. The PMI includes a package of indices to measure performance of the country's manufacturing sector.

A reading above 50 percent indicates economic expansion, while that below 50 percent indicates contraction.

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