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China official manufacturing PMI falls to 50.0 in July, below forecasts

Legacy Phuket GazetteSaturday, August 1, 2015Last Updated: Sunday, August 6, 2017

175 Less than a minute

PHUKET MEDIA WATCH

– World news selected by Gazette editors for Phuket’s international community

China official manufacturing PMI falls to 50.0 in July, below forecasts

Phuket Gazette / Reuters

PHUKET: Growth in China’s vast manufacturing sector stalled in July, missing market expectations for slight growth, an official survey showed on today.

The official Purchasing Managers’ Index (PMI) stood at 50 in July, down from the previous month’s 50.2.

The 50-point mark separates growth from contraction on a monthly basis.

Analysts polled by Reuters had predicted a reading of 50.2.

— Phuket Gazette Editors

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Legacy Phuket GazetteSaturday, August 1, 2015Last Updated: Sunday, August 6, 2017

175 Less than a minute

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Legacy Phuket Gazette

Archiving articles from the Phuket Gazette circa 1998 - 2017. View the Phuket Gazette online archive and Digital Gazette PDF Prints.

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