Connect with us

Hi, what are you looking for?

Imsilkroad

Global manufacturing activity further expands in March: index

Abstract : The global manufacturing sector expanded at a faster pace last month, according to an index published by the China Federation of Logistics and Purchasing (CFLP).

BEIJING, April 11 (Xinhua) — The global manufacturing sector expanded at a faster pace last month, according to an index published by the China Federation of Logistics and Purchasing (CFLP).

The global manufacturing purchasing managers’ index (PMI) stood at 57.8 in March, up by 2.2 percentage points from the previous month, according to the CFLP.

The reading, which marks the second monthly increase, remains in the expansion zone for the ninth consecutive month and indicates further economic recovery worldwide, it said in a statement.

The federation attributed the faster growth to market confidence boosted by COVID-19 vaccines, fiscal and monetary policies of developed economies, and world trade recovery.

The CFLP warned that despite the rebound, a resurgence of COVID-19 cases and global inflation worries can still bring uncertainties to the world’s economy.

China’s manufacturing PMI came in at 51.9 in March, edging up from 50.6 a month ago, official data showed. Enditem

About Xinhua Silk Road

Xinhua Silk Road (en.imsilkroad.com) is the Belt and Road Initiative (BRI) portal. China’s silk road economic belt and the 21st century maritime silk road website, include BRI Policy, BRI Trade, BRI Investment, Belt and Road weekly, Know Belt and Road, and the integrated information services for the Belt and Road Initiative (BRI).

Source: Global manufacturing activity further expands in March: index

Press Release Wring Service
Press Release Wring Service Senmer Press Release Service

Trending

You May Also Like

Purifier

Hot selling well newest reserch humidifier with three grades mist output air purifiers 1 Specification& function Specification Product name 6-Stage Purification Air Purifier With Negative Anion and Humidifier Model No. OLS-K05 Negative ionic releasing(/cm3) 50 million...

Purifier

Best indoor air purifier small house purification with HEPA Porduct Name Air Purifier Model A3 Style Household / business type Lowest Noise 30 dB Particulate CADR 200m³/h Highest Noise 58 dB Voltage 110 / 220V(Optional) Rated Power...

Sticky Post

Repost Your Products Articles To Web2.0 + Social Sites + Photo Sites + Bookmark Sites 0.5$ to publish 1 article to 15 sites,average just...

Purifier

We believe that always we would hear the hydrogen water have antioxidation fuction, actually we don’t know what is antioxidation and why it’s so...