Official PMIs from China

Manufacturing PMI 49.2

  • expected 49.5, prior 49.5
  • 49.2 is the 3rd consecutive month in contraction and a three year low.

Non-Manufacturing PMI 54.3

  • exp 54.5, previous was 54.7

Composite PMI 52.4

  • previous Dec 53.2

This has impacted on the AUD, lower