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Analysts had expected the total index to drop to 57.
We don't want the candy spending index to drop too sharply.
He said he expected the index to drop further this month as oil prices come down.
Economists expected the home-price index to drop 7.1percentt, according to the median of 14 forecasts in a Bloomberg News survey.
Economists expect the producer price index to drop 0.5% for May on the heels of a 0.1% decline in April.
Friday was another bad day for China stock investors as worries about the fallout from an easing share bubble led Shanghai's benchmark index to drop 5.7% to 3,686.85, a three-month low.
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Heavy and bearish trading activity has caused most of the major stock indexes to drop nearly 10percentt from their record highs, some set just weeks ago.
The index had been expected to drop slightly.
Economists surveyed by Reuters had predicted the government index would drop to 52.2.
The headline reading on the Markit/CIPS UK Manufacturing Purchasing Managers' Index (PMI) dropped to 47.4 from 50.8 in September.
The private Caixin/Markit manufacturing purchasing managers' index (PMI) dropped to 47.1 from 47.8 in July.
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