The final reading for Caixin China purchasing managers' index (PMI) for July came in at 47.8, lower than the preliminary reading of 48.2 and marking a two-year low.
The figure also comes in below the official PMI figure released by the statistics bureau over the weekend. Growth at big manufacturing firms unexpectedly stalled last month with the official PMI standing 50.0 in July, compared with the previous month's 50.2 and below a Reuters' forecast of 50.2, as demand at home and abroad weakened.
Click Here For Free Signals OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance About KLSE online Feel Free To Mail Us at : info@epicresearch.my
No comments:
Post a Comment