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Tag: PMI

July PMI Reveals Subtle Shifts in Domestic Demand

Posted on July 31, 2024

Event Summary: On July 31, China’s National Bureau of Statistics released the purchasing managers’ index (PMI) data for July, showing the manufacturing PMI at 49.4%, a slight decline of 0.1 percentage points…

China’s Manufacturing PMI Dips, Exports Show Resilience Amid Policy Calls for More Support

Posted on July 31, 2024

China’s manufacturing Purchasing Managers’ Index (PMI) slipped to 49.4 in July, down from 49.5 the previous month, remaining below the pivotal 50-point threshold that distinguishes expansion from contraction. This marks the fifth…

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