China's manufacturing PMI rises to 49.5 in May from 49 in Apr 2025
China’s manufacturing PMI was 49.5 in May—up by 0.5 pp from the April figure; this was contraction for the second month in a row. The uptick was mainly backed by a supply recovery, with improvement in the production sub-index. Manufacturers expressed optimism and confidence, with the gauge for manufacturers' expectations for production and operation standing at 52.5 in May versus 52.1 in April.
China’s manufacturing PMI was 49.5 in May—up by 0.5 pp from the April figure; this was contraction for the second month in a row.
The uptick was mainly backed by a supply recovery, with improvement in the production sub-index.
Manufacturers expressed optimism and confidence, with the gauge for manufacturers' expectations for production and operation standing at 52.5 in May versus 52.1 in April.
