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Manufacturing PMI rises to 53.3 in October, highest in 21 months

The Markit PMI preliminary report showed a rise in both the manufacturing and services sector indicators, although the latter was much more significant. The data did not have an impact on the market.

The Markit’s manufacturing index rose from 53.2 to 53.3 in October, reaching the highest level in 21 months, the reading was just below the 53.4 expected by the market. He service sector indicator it rose from 54.6 to 56.0, beating expectations for a reading of 54.6.

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Credits: Forex Street

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