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Wednesday, 31 July 2019

China Manufacturing PMI Climbs To 49.7 In July

The manufacturing sector in China continued to contract in July, albeit at a slower pace, the latest survey from the National Bureau of Statistics showed on Wednesday with a manufacturing PMI score of 49.7.

That's up from 49.4 in June, although it remains beneath the boom-or-bust line of 50 that separates expansion from contraction.

The bureau also said its non-manufacturing index fell to 53.7 from 54.2 in June.

The composite index came in with a score of 53.1, up marginally from 53.0 in the previous month.


The material has been provided by InstaForex Company - www.instaforex.com

source http://www.mt5.com/forex_news/quickview/2140681/

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