Released: 26 August 2021
China Sales Index at 49 Month High
Global Growth Engine Role Resumed
Rapid growth has resumed in China in virtually all business sectors.
The Indexes uniformly reported on high levels of economic activity in August.
The Market and Sales Growth Indexes both broke records coming in at 49 month highs. Furthermore signs of an abatement in the rate of growth of prices appeared in August to the relief of many.
Overall the August survey provides considerable evidence that the Chinese economy has resumed its previous role as the primary engine of global growth.
China All-Sector: Headline Sales Managers Index
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