0118 GMT [Dow Jones] China's official purchasing managers index rose sharply to 58.4 in March from 53.4 in February, showing accelerating manufacturing growth; PMI reading above 50 indicates growth, while a reading below 50 indicates contraction. Strength came from export orders, which rose to 59.1 in March from 51.3 in February. Input-price component may arouse fears of inflation, however, rising to 74.6 from 70.1 in February. (AAB)
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(END) Dow Jones Newswires
March 31, 2008 21:18 ET (01:18 GMT) |