• Sat. Oct 19th, 2024

    China’s manufacturing PMI remains flat in June

    ByTrulyNews

    Jun 30, 2024
    China’s manufacturing PMI remains flat in June
    China’s manufacturing PMI remains flat in June
    Technicians check a spot welding robot in Shenyang, Northeast China’s Liaoning province, on June 3, 2024. [Photo/Xinhua]

    BEIJING — The purchasing managers’ index (PMI) for China’s manufacturing sector came in at 49.5 in June, unchanged from May, official data showed Sunday.

    The purchasing managers’ index (PMI) for China’s non-manufacturing sector came in at 50.5 in June, down from 51.1 in May, official data showed.

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