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China June Manufacturing PMI Drops

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

China's manufacturing Purchasing Managers' Index dropped to 50.2 in June from 50.4 in May, the National Bureau of Statistics and China Federation of Logistics and Purchasing said Sunday. A reading above 50 indicates expansion.

Markit Economics had said on June 21 that the flash HSBC purchasing managers' index for the manufacturing sector fell to a seven-month low of 48.1 in June from 48.4 in May.

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