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MISS: Chinese Flash PMI Falls To 50.5

MISS: Chinese Flash PMI Falls To 50.5

The number is out and it's a miss. More to come.

For March, Chinese Flash PMI has come out at 50.5.

That's a whole point below expectations of 51.5.

Generally, fears have been growing that Chinese growth is flagging again (something confirmed by last months' PMIs as well as Caterpillar's earnings today.

This Flash PMI report will only confirm that.

Here are some key graphs from the report, which you can download here.

Screen Shot 2013 04 22 at 9.46.25 PM

Markit

Screen Shot 2013 04 22 at 9.46.32 PM

Markit

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