close
This ad will auto close in 10 seconds

China's non-manufacturing sector shrinks

China's non-manufacturing sector shrank in April, according to figures issued.



Beijing: China's non-manufacturing sector shrank in April, according to figures issued Friday.

The purchasing managers index (PMI) for the non-manufacturing sector stood at 54.5 percent in April, down 1.1 percentage points from the previous month, the National Bureau of Statistics said in an online statement.

A PMI reading above 50 percent indicates expansion, while a reading below 50 percent indicates contraction, reported Xinhua.

IANS

From Zee News

0 Comment - Join the Discussions