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China factory growth slows to 4-month low in July, survey shows

First publishedAug 3, 01:54 UTC
Last updatedAug 3, 08:11 UTC · 1m ago
11 outletInvesting.com · Economy
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China factory growth slows to 4-month low in July, survey shows
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BEIJING, Aug 3 (Reuters) - China’s manufacturing sector expanded at its slowest pace in four months in July, as output and new orders rose more slowly, while export orders returned to growth after a contraction, a private-sector survey showed on Monday. The RatingDog China General Manufacturing Purchasing Managers’ Index (PMI), compiled by S&P Global, fell to 50.9 in July from 51.7 in June, missing analysts’ forecast of 51.5.

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BEIJING, Aug 3 (Reuters) - China’s manufacturing sector expanded at its slowest pace in four months in July, as output and new orders rose more slowly, while export orders returned to growth after a contraction, a private-sector survey showed on Monday. The RatingDog China General Manufacturing Purchasing Managers’ Index (PMI), compiled by S&P Global, fell to 50.9 in July from 51.7 in June, missing analysts’ forecast of 51.5. The 50-mark separates growth from contraction. An official survey released on Friday showed China’s factory activity unexpectedly slipped into contraction in July, reinforcing concerns over slowing growth, weak domestic demand and elevated production costs.

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BEIJING, Aug 3 (Reuters) - China’s manufacturing sector expanded at its slowest pace in four months in July, as output and new orders rose more slowly, while export orders returned to growth after a contraction, a private-sector survey showed on Monday. The RatingDog China General Manufacturing Purchasing Managers’ Index (PMI), compiled by S&P Global, fell to 50.9 in July from 51.7 in June, missing analysts’ forecast of 51.5.
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1 outlet, average source rating 6.0/10.
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    China factory growth slows to 4-month low in July, survey shows

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