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Indonesia News Portal for Traders | Financial & Business Updates

31 December 2024 08:53  |

China Manufacturing Growth Below Forecasts

China's official NBS Manufacturing PMI unexpectedly declined to 50.1 in December 2024 from November’s seven-month high of 50.3, below the market consensus of 50.3 and marking the lowest reading since September.

It was also the third straight month of expansion in factory activity following a series of support measures from Beijing since late September.

Source: Trading Economics

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