Released: 25 August 2021
China Manufacturing Sector Races Ahead in August
China's Sales Managers Manufacturing Sector Indexes broke records in August.
Business Confidence rose to a 6 year+ high as the Market Growth Index similarly rose to a 75 month high.
The Sales Growth Index stormed ahead to a reading of 57, indicating very strong growth over the month.
The overall Sales Managers Index rose to 54.2, reflecting strong stable growth across most manufacturing sectors.
Prices increases, a source of considerable worry in the West, remained at reasonable levels with an Index reading of 52.4.
China Manufacturing SMI: Headline Sales Managers Index
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