CHINA SEPT PURCHASING MANAGERS INDEX ENDS 2-MONTH DECLINE

China's purchasing managers index (PMI) for September rose to 51.2 from 48.4 for August, putting an end to two consecutive months of decline, according to China Federation of Logistics & Purchasing.

The September PMI also indicates weaker inflationary pressures and growing manufacturing activities due to the positive impact of the Chinese government's efforts.

PMI is an indicator to measure economic activities: The economy is expanding when it stands above 50 and is contracting when it falls below 50.

The index declined to 48.4 for July, the first time to fall below 50 since 2005 when the index was launched.

(XIC)