Tuesday, March 1, 2011

China PMI Points to Rising Inflation Risks

China Just saw the release of its two PMI indexes for February; the official CFLP (52.2 vs 52.9 prev), and the HSBC (51.7 vs 54.5). Though both indexes fell, they remained above 50 and generally did not point to any significant slowdown. But the warning signal that did come out of the numbers was for further upside inflation risks.


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