Thursday, June 30, 2016

Stalled growth in China’s factories – Västerbotten Courier

The growth in China’s manufacturing sector slowed in June, showing the country’s official purchasing managers’ index (PMI), in line with market expectations.

The index fell to 50 in June, compared to May, when the figure was 50.1.

a figure above 50 indicates increased activity in the industry, while anything below 50 indicates a slowdown. Analysts consulted by Reuters had predicted that the index would land on just 50.0.

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