The post January PMIs signal potential easing – MUFG appeared on BitcoinEthereumNews.com. MUFG’s report highlights that China’s January PMIs have shown disappointingThe post January PMIs signal potential easing – MUFG appeared on BitcoinEthereumNews.com. MUFG’s report highlights that China’s January PMIs have shown disappointing

January PMIs signal potential easing – MUFG

Okuma süresi: 1 dk

MUFG’s report highlights that China’s January PMIs have shown disappointing results, with the Manufacturing PMI falling to 49.3 and the Non-Manufacturing PMI dropping to 49.4. The report suggests that these declines may prompt further policy easing, including potential cuts to the policy rate and reserve requirement ratio if domestic growth does not improve. The analysis indicates that the construction sector is particularly weak, with a significant drop in the construction PMI.

PMI declines may lead to policy changes

“January official PMIs were a disappointment. Manufacturing PMI reading unexpectedly fell below the 50 level to 49.3, after briefly returning to expansion territory in December.”

“The bright spot however lies on manufacturing PMI price-related sub-indices, with input price (i.e., main raw material purchasing price index) rising further to 56.1 and output price posted an expansionary reading for the first time since June 2024 at 50.6.”

“Further easing likely on the way. In upcoming March NPC, we expect the budgeted fiscal deficit-to-GDP ratio to nudge higher to 4.5% and that the ‘broad’ fiscal deficit ratio to increase from 8.4% previously to 9.0%.”

(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor.)

Source: https://www.fxstreet.com/news/china-january-pmis-signal-potential-easing-mufg-202602051835

Piyasa Fırsatı
4 Logosu
4 Fiyatı(4)
$0.00886
$0.00886$0.00886
-9.95%
USD
4 (4) Canlı Fiyat Grafiği
Sorumluluk Reddi: Bu sitede yeniden yayınlanan makaleler, halka açık platformlardan alınmıştır ve yalnızca bilgilendirme amaçlıdır. MEXC'nin görüşlerini yansıtmayabilir. Tüm hakları telif sahiplerine aittir. Herhangi bir içeriğin üçüncü taraf haklarını ihlal ettiğini düşünüyorsanız, kaldırılması için lütfen [email protected] ile iletişime geçin. MEXC, içeriğin doğruluğu, eksiksizliği veya güncelliği konusunda hiçbir garanti vermez ve sağlanan bilgilere dayalı olarak alınan herhangi bir eylemden sorumlu değildir. İçerik, finansal, yasal veya diğer profesyonel tavsiye niteliğinde değildir ve MEXC tarafından bir tavsiye veya onay olarak değerlendirilmemelidir.