Free Trial

PMI Will Rise Over Aug/Sept - Analysts

CHINA PRESS

Analysts expect China’s PMI index to increase in August and September following announcements by policymakers aimed at revitalising the economy, according to analysts interviewed by 21st Century Herald. According to Wu Chaoming, vice president at the Caixin Research Institute, July’s PMI data was negatively impacted from seasonal factors such as high temperatures and the traditional off-season for industrial production. Wen Tao, an analyst at the China Logistics Information Center, noted factories suffered from a slowdown in general economic activity due to July’s high temperatures and rain affecting operations and mobility. (Source: 21st Century Herald)

MNI Beijing Bureau | lewis.porylo@marketnews.com
MNI Beijing Bureau | lewis.porylo@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.