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China's Caixin Manufacturing PMI unexpectedly contracts to 48.3 in May vs. 50.6 expected

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China's Caixin Manufacturing PMI unexpectedly contracts to 48.3 in May vs. 50.6 expected

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New update 2025.06.03 10:50
China's Caixin Manufacturing PMI unexpectedly contracts to 48.3 in May vs. 50.6 expected

update 2025.06.03 10:50

China's Caixin Manufacturing Purchasing Managers' Index (PMI) unexpectedly contracted to 48.3 in May from 50.4 in April, according to the latest data released on Tuesday.

Data underperformed the market forecast of a 50.6 expansion.

AUD/USD reaction to China's PMI data


Date

Created

 : 2025.06.03

Update

Last updated

 : 2025.06.03

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