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These are the results of the privately surveyed Purchasing Managers’ Index (PMI) in China for June.
Caixin Services PMI 51.2
- Expected 53.4, Previous 54.0
Compound 52.8
- Previous 54.1
Key points from the report:
- Export business growth remains strong despite slowdown in line with total new business
- Employment levels fell slightly in June
- Fees rise only slightly as input price inflation falls.
previously:
- China Caixin Manufacturing PMI June 2024 51.8 (FX: 51.2, Previous: 51.7)
- Note to Diary – China’s July Plenary Meeting to Focus on Economy
This article was written by Eamonn Sheridan on www.forexlive.com.
