China June factory activity quickens pace vs previous month - PMI - News Summed Up

China June factory activity quickens pace vs previous month - PMI


Activity in China's manufacturing sector in June quickened from the previous month, an official survey showed on Friday, in a reassuring sign the world's second-biggest economy kept up a reasonable pace of growth after a solid first quarter. The official Purchasing Managers' Index (PMI) stood at 51.7 in June, compared with the previous month's 51.2 and above the 50-point mark that separates growth from contraction on a monthly basis. That was above the 51.0 level predicted in a Reuters survey of analysts. (This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)


Source: dna June 30, 2017 01:07 UTC



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