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Anything below 50 signals a contraction in activity.
A figure below 50 indicates a contraction in activity.
Any figure below 50 indicates a contraction in activity.
As a reminder, anything below 50 marks a contraction in activity.
The Chinese data in particular showed a contraction in activity in the first quarter, while eurozone surveys were mixed.
The overall index also fell abruptly to a level indicating a contraction in activity.
Similar(48)
The string of contractions in activity was the longest since May 1989-April 1991.
Though the number topped forecasts, a figure below 50 nonetheless indicates a contraction in manufacturing activity.
In that survey, too, a reading below 50 indicates a contraction in economic activity.
The prime minister's remarks were his first detailed response after official figures showed a dramatic 0.7% contraction in economic activity in the second quarter of 2012.
The survey provider (IHS Markit) said this points to another 0.5% quarter-on-quarter contraction in industrial activity in the first quarter of the year.
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