• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Best Managed Accounts
  • Forex Robots
  • Forex Brokers
  • Forex Signals
  • Social Trading Platforms

Forex Traders Guide

The Ultimate Forex Knowledge Base

  • Robots
  • Start Guide
  • Glossary
  • Basics
    • Currency Pairs
    • Charts
    • Candlesticks
    • Trading Tips
  • Strategies
    • Technical Analysis
    • Fundamental Analysis
    • Day Trading
    • Scalping
    • Swing Trading
    • Trend Following
  • News
  • Reviews
    • Forex Robots
    • Forex Brokers
  • Mustreads
  • Crypto Trading

China’s Manufacturing Activity Picks Up in September as Supply Chain Delays Raged On

September 30, 2021 by Forex Winner Leave a Comment

China’s Manufacturing Activity Picks Up in September as Supply Chain Delays Raged On

Source: IHS Markit.

China’s general manufacturing PMI improved in September, supported by a renewed upturn in total sales and a softer reduction in output. CSI 300 Index up +0.67%, CNY USD up +0.14%

  • The headline seasonally adjusted Purchasing Managers’ Index (PMI) improved from 49.2 in August to 50.0 in September.
  • The improvement signaled that business conditions stabilized at the end of Q3, after a slight decline in the previous month, but the latest reading was still the 2nd-lowest posted in the last 17 months.
  • The latest PMI data indicated that business conditions across China’s manufacturing sector stabilized in September, after a slight slowdown in August.
  • At the same time, China’s purchasing activity also rebounded to growth, while confidence towards the year ahead also strengthened.
  • Supply chain delays carried on amid sustained reports of material shortages that triggered sharper increases in input costs and output prices.
  • Inflationary pressures increased in September, with the average input costs increasing significantly. 
  • The rate of inflation rose at the quickest pace in four months as energy and material costs increased.

Best Forex Robots ›

Compare leading trading systems on the market

Filed Under: Forex News

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Best Forex Robots

  1. Techberry 8.7
  2. Happy Forex 8.0
  3. Forex Fury 7.7
  4. Promax Gold EA 6.8
  5. Gump EA 6.4

Best Forex Brokers

  1. Techberry 8.7
  2. XM 8.2
  3. eToro 8.1
  4. Pepperstone 8.1
  5. IG 8.0

Latest News

Microsoft Corp. Shares Experience 1.92% Increase

October 2, 2023

Singapore Blank-Check Company to Acquire Taiwan Social-Entertainment Platform

October 2, 2023

High Blood Pressure in Seniors: A Balancing Act

September 30, 2023

Footer

Forex Broker Reviews

axitrader

AxiTrader Review

December 18, 2019 By Forex Winner

PrimeXBT

PrimeXBT Review

December 23, 2021 By Forex Winner

lqdfx

LQDFX Review

November 20, 2019 By Forex Winner

Forex Robot Reviews

Earn2Trade Review

August 20, 2023 By Andre

FundedNext Review

August 16, 2023 By Andre

Topstep Forex Review

August 14, 2023 By Andre

EMAIL NEWSLETTER

Sign up to receive exclusive forex trading guides and insights from our team of experts!

Copyright © 2023 · Forex Traders Guide · About Us · Contact Us
Privacy Policy · Risk Disclosure