Current location:business >>
Asia's manufacturing PMI rebounds to 50.4
business865People have gathered around
Introduction(ECNS) -- The purchasing mangers' index (PMI) for Asia's manufacturing sector regained at 50.4 in Ja ...
(ECNS) -- The purchasing mangers' index (PMI) for Asia's manufacturing sector regained at 50.4 in January 2024, up 0.6 percent from the previous mouth, according to data released by China Federation of Logistics and Purchasing on Tuesday.
The figure rebounded above 50 after a slight decline in December 2023, indicating a moderate improvement in Asian manufacturing.
The manufacturing PMI for China, Japan, South Korea and India increased compared with the previous month. Among ASEAN countries, except for the Philippines, the manufacturing PMI of other major countries rose from the previous month.
The rise of manufacturing PMI is attributed to the stable political environment and sustainable policy support in Asian countries. The role of RCEP in promoting regional trade and investment is the external driving factor for Asia's moderate economic recovery.
The IMF projected GDP growth in the Asia Pacific Region at 4.5 percent, an upward revision of 0.3 percentage points from its forecast in October 2023. China's GDP growth will be 4.6 percent this year, an upward revision of 0.4 percentage points from the IMF's forecast in October 2023.
The global manufacturing PMI came in at 49.3 in January 2024, up 1.3 percentage points, marking a new high since March 2023.
Tags:
Reprint:Friends are welcome to share on the Internet, but please indicate the source of the article when reprinting it.“International Index news portal”。http://togo.adventistmissionjapan.org/news-35d899914.html
Related articles
Target to lower prices on basic goods in response to inflation
businessTarget plans to cut prices on thousands of consumer basics this summer, from diapers to milk, as inf ...
【business】
Read moreWorld's largest wind farm begins construction
businessConstruction of the world's largest ultra-high-altitude wind farm, standing at an average altitude o ...
【business】
Read moreXi to Address Global Trade in Services Summit of CIFTIS
businessContact Us HomeNewsHighlightACWF NewsSocietyWom ...
【business】
Read more
Popular articles
- Dodgers acquire pitcher Yohan Ramírez from Mets for cash
- Nation's big progress in IP to help advance tech ties
- Nation's big progress in IP to help advance tech ties
- Xi Extends Congratulations on DPRK's 75th Founding Anniversary
- Demi Moore, 61, says full
- Xi Sends Congratulatory Letter to 2023 Pujiang Innovation Forum
Latest articles
Candice Swanepoel wows in a shimmering black flared jumpsuit as she joins ab
Xi, Maduro Announce Elevation of China
Chinese innovation leads global display market
Icebreaker Xuelong 2 leaves HKSAR for Shanghai
Not so Cool Britannia! Noel Gallagher gives damning verdict on Keir Starmer
Zheng solves her Sakkari conundrum
LINKS
- China, Pakistan pledge to enhance pragmatic cooperation in various fields
- China calls for unimpeded path to Palestine's UN membership
- Nelson Cruz hired by MLB as special adviser for baseball operations
- Gaza truce talks with Israeli delegation 'positive': sources
- Las Vegas Aces sell out a WNBA
- Chinese premier extends sympathy to Slovak counterpart
- Lakota student's feather plume cut off cap during high school commencement
- UN court holds hearing on South Africa's plea against Israel's operations in Gaza
- Michigan lawmakers get final revenue estimates as they push to finalize the state budget
- China urges Philippines to settle maritime differences through negotiation