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China Manufacturing Index Improves To 49.3 In July - NBS
(RTTNews) - The manufacturing sector in China continued to contract in July, albeit at a slower pace, the latest survey from the National Bureau of Statistics said on Monday with a manufacturing PMI score od 49.3.
That's up from 49.0 in June and it beat expectations for 49.2. It also remains beneath the boom-or-bust line of 50 that separates expansion from contraction.
The bureau also said that the non-manufacturing index fell to 51.5 in July from 53.2 in June, while the composite PMI slipped to 51.1 in July from 52.5.
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China Manufacturing Activity Slips Into Contraction
China's factory activity contracted in July as softening new orders forced manufacturers to scale back production and staffing, purchasing managers' survey results from S&P Global showed on Friday. The manufacturing Purchasing Managers' Index fell to 49.5 in July from 50.4 in June. The latest score suggested contraction in the sector.
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9h 17min ago
China Manufacturing PMI Slips In July
The manufacturing sector in China continued to contract in July, and at a faster rate, the latest survey from the National Bureau of Statistics showed on Thursday with a manufacturing PMI score of 49.3.
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