Expected was 49.6
- Prior 49.7
This is the official PMI from the NBS and CFLP
Along with the non-manufacturing PMI, out early
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Another lower result.
A negative input for 'risk'.
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Comments from the National Bureau of Stats on the release:
- January PMI affected by seasonal factors
Yeah, sure it is.
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AUD has been falling earlier in the session into this data release. After dipping to a new session low around 0.7043 its coming back higher a little. NZD up with it also.
