Sign in | Join free

China's manufacturing pmi at 8-month low

China's manufacturing pmi at 8-month low Source:
Date: 06-08-2012
Visits: 250
Very Poor

BEIJING, Aug. 1 (Xinhuanet) -- China's manufacturing sector expanded at its slowest pace in eight months. The country's Purchasing Manager's Index stands at 50.1 percent in July, down 0.1 percentage points from June.

Wednesday's official figures show factory output is expanding, but that new orders, including new export orders, contracted in July more than in June. Production index was 51.8 percent, down by 0.2 points by the last month, the lowest since December of 2011.

The China Federation of Logistics and Purchasing, which compiles the data, says the data suggests the economy is bottoming out and will continue to stabilize in the coming months.
like 324 Unlike 36
Users Comments
No comments to display
Are you sure you want to delete this comment.
Add your comment
User Name:
Email: Will not be published
Rate This article:
Maximum 3500 characters
Your name
Your email address
Your friend email address
  • /images/ourservices/125-600/pricetrend.jpg
  • /images/ourservices/125-600/product.jpg
  • /images/ourservices/125-600/videos.jpg
Suntex Asia Limited
32367 Users
have already joined Shouldn't you?
Full registration will provide you access to all our free services. It takes only one minute and it is free Go here
Quick registration (it's free)
Accesss to some of our free services
Select membership
Full Name
User Name
Enter the code
(Note: If you can't read the letters, reload the page to generate a new one.)
terms and conditions
Members Login
Already registered
Forgot your password
golden fees
Enter your e-mail address
Choose your room