BEIJING, May 31 (Reuters): China's factory activity slowed slightly in May as high raw materials costs and supply bottlenecks continued to weigh on industrial production, particularly for small and export-oriented firms.
The official manufacturing Purchasing Manager's Index (PMI) inched lower to 51.0 in May from 51.1 in April, data from the National Bureau of Statistics (NBS) showed on Monday (May 31), but remained above the 50-point mark that separates growth from contraction.
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