{"id":203363,"date":"2023-11-30T07:12:23","date_gmt":"2023-11-30T01:42:23","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=203363"},"modified":"2023-11-30T07:12:23","modified_gmt":"2023-11-30T01:42:23","slug":"chinas-nbs-manufacturing-pmi-contracts-further-to-49-4-in-november-vs-49-7-expected-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/chinas-nbs-manufacturing-pmi-contracts-further-to-49-4-in-november-vs-49-7-expected-crypto-news\/","title":{"rendered":"China’s NBS Manufacturing PMI contracts further to 49.4 in November vs. 49.7 expected – Crypto News"},"content":{"rendered":"

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China\u2019s official Manufacturing Purchasing Managers’ Index (PMI) contraction deepened in November, coming in at 49.4 as against the 49.5 contraction registered in October, the latest data published by the country\u2019s National Bureau of Statistics (NBS) showed on Thursday. Markets expected a 49.7 readout in the reported month.<\/p>\n

The index dropped further below the 50 mark, which separates expansion from contraction.<\/p>\n

The NBS Non-Manufacturing\u00a0PMI<\/a>\u00a0dropped to 50.2 in November versus the expected 51.1 figure and October\u2019s 50.6 figure.<\/p>\n

AUD\/USD reaction to China’s PMI data<\/h2>\n

The downbeat Chinese\u00a0PMIs<\/a>\u00a0is serving a negative impact on the Australian Dollar, with\u00a0AUD\/USD<\/a>\u00a0holding lower ground near 0.6620. The spot is up 0.05% on the day.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

Share: China\u2019s official Manufacturing Purchasing Managers’ Index (PMI) contraction deepened in November, coming in at 49.4 as against the 49.5 contraction registered in October, the latest data published by the country\u2019s National Bureau of Statistics (NBS) showed on Thursday. Markets expected a 49.7 readout in the reported month. The index dropped further below the 50 […]<\/p>\n","protected":false},"author":2,"featured_media":5626,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[377,201,248,251,297,246,257,843,255,250,1064,252,1063,247,253,249,256,254],"class_list":["post-203363","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-audusd","tag-blockchain","tag-bsc","tag-chainlink","tag-china","tag-coin","tag-cryptocurrency","tag-economicindicator","tag-gta","tag-looks-rare","tag-manufacturing","tag-oracle","tag-pmi","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/203363","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=203363"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/203363\/revisions"}],"predecessor-version":[{"id":203364,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/203363\/revisions\/203364"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/5626"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=203363"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=203363"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=203363"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}