Top
Begin typing your search above and press return to search.
exit_to_app
Outlook for BJP in Kerala
access_time 2021-05-06T11:21:07+05:30
Not Covid deaths, but mass murder
access_time 2021-05-05T10:52:36+05:30
Poll results that carry lessons
access_time 2021-05-04T10:39:06+05:30
DEEP READ
Iran and the revival of JCPOA
access_time 2021-04-23T13:21:09+05:30
A model mosque in Gujarat
access_time 2021-04-12T17:13:34+05:30
Towards a digital emergency?
access_time 2021-02-27T14:50:41+05:30
The slaughter of democracy in Puducherry
access_time 2021-02-24T11:27:21+05:30
Populist Fascism
access_time 2021-01-31T17:19:29+05:30
Media Freedom
access_time 2021-01-31T15:47:07+05:30
exit_to_app
Homechevron_rightBusinesschevron_rightGlobal manufacturing...

Global manufacturing activity expands in March

text_fields
bookmark_border
image
cancel
camera_altrepresentational image only

Beijing: The global manufacturing sector expanded at a faster pace last month, according to an index published by the China Federation of Logistics and Purchasing (CFLP).

The global manufacturing purchasing managers' index (PMI) stood at 57.8 in March, up by 2.2 percentage points from the previous month, according to the CFLP, Xinhua reported on Sunday.

The reading, which marks the second monthly increase, remains in the expansion zone for the ninth consecutive month and indicates further economic recovery worldwide, it said in a statement.

The federation attributed the faster growth to market confidence boosted by Covid-19 vaccines, fiscal and monetary policies of developed economies, and world trade recovery.

The CFLP, however, warned that despite the rebound, a resurgence of Covid-19 cases and global inflation worries can still bring uncertainties to the world's economy.

China's manufacturing PMI came in at 51.9 in March, edging up from 50.6 a month ago, official data showed.

(From IANS)

Show Full Article
TAGS:Biz Updates 
Next Story