RatingDog China Manufacturing PMI came in at 50.8 in March, marking the fourth
consecutive month of expansion. Manufacturing activity continued to grow, with
output, new orders and employment all increasing, while firms remained
optimistic about the year-ahead outlook.
However, the pace of expansion slowed from February, alongside the steepest rise
in input costs in nearly four years and the most severe supply chain delays in
over three years. RatingDog noted that policy support for growth and persistent
imported inflation may keep the PMI fluctuating between expansion and cost
pressure in the coming months.
