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19:14, 06-Dec-2020
Chinese agency puts November PMI at 53.9
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The Global Purchasing Managers' Index (PMI) for the manufacturing sector stood at 53.9 in November, the China Federation of Logistics & Purchasing says. The figure marks the 5th straight month above the benchmark 50. Chen Jiahe, Chief Investment Officer at Novem Arcae Technologies, explains the meaning of the figure.