Chinese official manufacturing PMI beats consensus slightly – TradeTheNews

FXStreet (Barcelona) - The TradeTheNews Team, reviews the April Chinese Manufacturing PMI data release.

Key Quotes

“China posted official PMI data for Apr. Manufacturing PMI was at 50.1, slightly beat consensus of 50.0, while Services PMI at 53.4, slowed from 53.7 in prior month. AUD/USD little changed after those data.”

“China Stats Bureau said China manufacturing still faces downward pressure, and non-manufacturing growth slows.”

“China Apr Manufacturing PMI: 50.1 V 50.0E”

“China Apr Non-Manufacturing PMI: 53.4 V 53.7 Prior”

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