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China’s Non-Manufacturing PMI Edges Down In May

May 31, 2024

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BEIJING, May 31 (Xinhua) — The purchasing managers’ index (PMI) for China’s non-manufacturing sector came in at 51.1 in May, down from 51.2 in April, official data showed Friday.

A reading above 50 indicates expansion, while a reading below 50 reflects contraction.

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