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MNI BRIEF: Caixin July Manufacturing PMI Falls Below 50

MNI (Singapore)
MNI (Beijing)
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China's Caixin manufacturing PMI registered 49.8 in July, down by 2.0 points from June, marking the first contraction below the 50 mark since November 2023, the financial publisher said on Thursday.

The production sub-index remained within the expansion range for nine consecutive months, but only slightly above 50 in July.

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China's Caixin manufacturing PMI registered 49.8 in July, down by 2.0 points from June, marking the first contraction below the 50 mark since November 2023, the financial publisher said on Thursday.

The production sub-index remained within the expansion range for nine consecutive months, but only slightly above 50 in July.

Keep reading...Show less