China's manufacturing activity rebounded in August on fresh increases in output and new orders, data from S&P Global showed on Friday.
The Caixin manufacturing Purchasing Managers' Index rose to 51.0 in August from 49.2 in July. A reading above 50.0 indicates expansion in the sector. Although the growth was mild, the pace was the best seen since February. Driven by higher client spending, new order intakes increased in August. Meanwhile, export orders declined again.
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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.