China's manufacturing reached highest level in 18 months

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Source: RTT News
© Scanpix/RS
Manufacturing growth in the world's second largest economy reached the highest level in eighteen months in October as companies increased production suggesting that the nation's economy is improving modestly, a data revealed by the National Bureau of Statistics showed on Friday. The factory PMI gained from 51.1 in September to 51.4 recorded in the following month.

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Fri, 01 Nov 2013 17:16:03 GMT

U.S. manufacturing index rises more than forecast in October

Manufacturing sector in the world's largest economy surprisingly advanced at a faster pace than economists originally expected in October, a report published by the Institute for Supply Management revealed on Friday. According to the report the ISM purchasing managers index rose from 56.2 in September to 56.4 recorded in the following month.

Fri, 01 Nov 2013 16:54:04 GMT

China's property inflation increases more than forecast in October

Property inflation in the world's second largest economy accelerated in the month of October raising concerns of a potential real estate bubble in the country, a survey published by real estate services company E-House China showed on Friday. China's new homes prices gained 0.8% on a monthly basis on October, while year-on-year the prices climbed 10.5%.

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