Non-manufacturing sector growth slows

Updated: 2011-11-03 14:33

(Xinhua)

  Comments() Print Mail Large Medium  Small 分享按钮 0

BEIJING-- The growth of China's non-manufacturing sector slowed in October, as indicated by a decline in the Purchasing Managers Index (PMI), the China Federation of Logistics and Purchasing (CFLP) said Thursday.

The non-manufacturing sector's PMI, a key economic indicator, fell to 57.7 percent in October from 59.3 percent a month earlier, the CFLP said.

A PMI reading above 50 indicates expansion from the previous month, while a reading below 50 indicates contraction.