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China Caixin PMI manufacturing down to 49.2, first contraction in three months

China Caixin PMI manufacturing down to 49.2, first contraction in three months
China’s Caixin PMI Manufacturing index slipped from 50.5 to 49.2 in July, marking the first contraction in three months and falling below the expected 50.3. According to Caixin, there was a marginal contraction in output, and total sales plummeted due to a more pronounced decline in new export orders. Additionally, both input costs and output […] The post China Caixin PMI manufacturing down to 49.2, first contraction in three months appeared first on Action Forex... Read More
Posted: Aug 1 2023, 03:58
Author Name: actionforex
Views: 112581

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