Wednesday, June 19, 2013

China Manufacturing PMI Hits Nine-Month Low as Output and New Orders Decline

11:27 PM by Rifan MuazinNo comments
The HSBC Flash China Manufacturing PMI™ is in contraction, at a nine-month low, with output and new orders in decline.
Key points

  • Flash China Manufacturing PMI™ at 48.3 (49.2 in May). Nine-month low.
  • Flash China Manufacturing Output Index at 48.8 (50.7 in May). Eight-month low.

China Flash Manufacturing PMI™ Summary



Production/Exports/PMI

Those bullish on China growth prospects need to reconsider.

Mike "Mish" Shedlock
http://globaleconomicanalysis.blogspot.com

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