#China's PMI Dips: Manufacturing Contracts
 
In January 2025, China's economic indicators presented a mixed picture. The manufacturing sector contracted with the #PMI dropping to 49.1 from 50.1 the previous month, indicating reduced factory activity. However, the non-manufacturing sector, while still growing, slowed down with a PMI of 50.2 compared to 52.2 in December 2024. The composite PMI, reflecting both sectors, was at 50.1, suggesting a slight overall expansion. Despite the manufacturing downturn, industrial profits for December showed an increase, pointing to a complex economic scenario at the beginning of the year.