RatingDog China General Manufacturing PMI edged down to 52.0 in October from 52.1 while output rose at a six-month high.
China’s factory activity expanded at a marginally slower pace in October as export order growth slowed, though output rose at its fastest rate in six months, a private survey showed on November 2, 2026. The RatingDog China General Manufacturing Purchasing Managers’ Index (PMI), compiled by S&P Global, edged down to 52.0 in October from 52.1 in September, beating a forecast of 51.6 in a Reuters poll. The 50 mark separates growth from contraction.
The reading contrasted with China’s official PMI released on Saturday, which showed factory activity unexpectedly falling. The new orders index edged down to 53.3 from 53.4 in September. Growth in export orders slowed to a three-month low, as makers of consumer and intermediate goods eased while investment goods producers accelerated.
Output prices fell after rising in September as firms cut prices to support sales amid intense competition, while easing input costs also allowed for discounting. Export prices declined for the first time since November 2025. Employment rose for a second straight month, but only marginally. Business confidence remained positive but slipped to a nine-month low.
Source: Reuters
