China October manufacturing PMI falls to 49.3
CIE News ·
Based on reporting by CryptoRank; not yet independently confirmed.
According to CryptoRank, China's official manufacturing PMI fell to 49.3 in October from 50.1 in September, entering contraction territory and driving macro headwinds across Asian markets.
China's official manufacturing Purchasing Managers' Index dropped to 49.3 for October, down from 50.1 recorded in September, according to figures from the National Bureau of Statistics reported by CryptoRank. The metric moved the sector into contraction territory. The data release contributed to macroeconomic headwinds across Asian trading sessions leading into November 2, 2026.
Key facts
- October PMI at 49.3
- September PMI was 50.1
- Contraction territory
- Reported by CryptoRank
Read the original at CryptoRank