• Sun. Dec 22nd, 2024

    China’s non-manufacturing PMI edges down in July

    ByTrulyNews

    Jul 31, 2024
    China’s non-manufacturing PMI edges down in July

    BEIJING, July 31 (Xinhua) — The purchasing managers’ index (PMI) for China’s non-manufacturing sector came in at 50.2 in July, down from 50.5 in June, official data showed Wednesday.

    A reading above 50 indicates expansion, while a reading below 50 reflects contraction.