China Caixin Manufacturing PMI | Data | Chart | Calendar
BUZ INVESTORS The Caixin Manufacturing PMI in China unexpectedly rose to 50.4 in June of 2017 from 49.6 in May and beating market consensus of 49.5. It was the highest reading since March, as output and new export orders increased at a faster pace. Also, buying activity rose slightly. Companies adopted relatively cautious attitudes towards their inventories, with both stocks of inputs and finished items declining. Meantime, firms trimmed their workforce number again and backlogs of work continued to rise. Optimism toward the business outlook fell to the lowest so far this year. “The manufacturing sector recovered slightly in June, but based on the inventory trends and confidence around future output, the June reading was more like a temporary rebound, with an economic downtrend likely to be confirmed later. Caixin Manufacturing PMI
Caixin Manufacturing PMI
China Caixin Manufacturing PMI Notes
|50.40||49.60||52.30||47.20||2011 – 2017||Monthly|
Click here for reuse options!
Copyright 2017 Investors Buz