Caixin China Manufacturing PMI (February 2025) 50.8 vs. expected 50.3 ...Middle East

expected 50.3, prior 50.1

In summary:

Workforce numbers fell for the sixth straight month as firms prioritized cost-cutting and efficiency, leading to rising backlogs.

Logistics improved post-Chinese New Year, with better supplier delivery times and increased purchasing activity, though raw material inventories dipped.

***

Over the weekend had the official PMIs showing a little improvement:

China February PMIs: Manufacturing 50.2 (expected 50.0) Services 50.4 (expected 50.3) This article was written by Eamonn Sheridan at www.forexlive.com.

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