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China's Manufacturing PMI Declines for Eighth Straight Month

11/30/2025

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Summary

Story summary

In November 2025, China's official manufacturing PMI stood at 49.2, signaling contraction and marking eight consecutive months of decline for factory activity.
The PMI remained below the 50 threshold that indicates growth.
Economists surveyed by Bloomberg projected a PMI of 49.4 for November.
The actual reading is lower than Bloomberg's median estimate of 49.4.

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Story summary

In November 2025, China's official manufacturing PMI stood at 49.2, signaling contraction and marking eight consecutive months of decline for factory activity.
The PMI remained below the 50 threshold that indicates growth.
Economists surveyed by Bloomberg projected a PMI of 49.4 for November.
The actual reading is lower than Bloomberg's median estimate of 49.4.