The manufacturing sector in China continued to contract in June, albeit at a slower pace, HSBC Bank said on Tuesday with a preliminary PMI score of 49.6.
That marked a three-month high for the index, and it also topped expectations for a score of 49.4 and was up from 49.2.
It also remained barely beneath the boom-or-bust line of 50 that separates expansion from contraction.
Among the individual components, the manufacturing output index hit a two-month high of 50.0.
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.