China's non-manufacturing PMI drops

Source: Xinhua | April 3, 2014, Thursday |

Online Edition

The purchasing managers' index (PMI) for China's non-manufacturing sector dropped 0.5 percentage point from a month earlier to 54.5 percent in March, new data showed today.

The index tracks activity in non-manufacturing sectors, including construction, software, aviation, railway transport and real estate, according to the China Federation of Logistics and Purchasing.

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

Economy

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China's non-manufacturing PMI drops

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