An indicator of China's manufacturing sector performance declined to its lowest level in nine months in June, a survey by HSBC and Markit Economics showed Thursday.
The flash manufacturing purchasing managers' index fell to 48.3 in June from 49.2 in May. Readings below 50 suggests contraction of the sector.
The manufacturing output index fell to 48.8 from 50.7 in May. This was at its lowest level in eight months.
Both new orders and new export orders contracted at a faster pace during the month.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.