BEIJING (dpa-AFX) - China's manufacturing sector contraction deepened in October, official survey results from the National Bureau of Statistics showed on Friday.
The factory PMI fell more-than-expected to 49.0 in October from 49.8 in September. A reading below 50.0 indicates contraction. The score was seen at 49.6.
Meanwhile, the non-manufacturing PMI edged up to 50.1 from 50.0 in the previous month. The reading came in line with expectations.
As a result, the composite indicator that tracks both the manufacturing and services sectors, slid to 50.0 in October from 50.6 in the prior month.
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