BEIJING (Reuters) - Growth in China's manufacturing sector cooled for the second straight month in July, official data showed on Tuesday, a sign factories face challenges as the trade dispute between Beijing and Washington worsens. The official Purchasing Managers' Index (PMI) released on Tuesday fell to 51.2 in July, from 51.5 in June, but remained above the 50-point mark that separates growth from contraction for the 24th straight month. Analysts surveyed by Reuters had forecast the reading to dip to 51.3.
from Latest News Business on Firstpost https://ift.tt/2Kbkdy5
Tuesday, 31 July 2018
China July official factory PMI falls to 51.2, below expectations
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment