The Caixin China General Manufacturing PMI increased to 51.1 in March 2024 from 50.9 in the previous month, beating market estimates of 51. It was the fifth straight month of growth in factory activity and the fastest pace since February 2023, with foreign sales rising the most in a year while output climbed the most since last May. On inflation, input prices fell for the third straight month and the most in eight months due to efforts to stimulate new demand.
