These are the privately surveyed PMI results from China for June.
Caixin PMI Services 51.2
expected 53.4, prior 54.0
Composite 52.8
prior 54.1
The Key points made in the report:
Export business growth remains solid despite slowing in
line with overall new business
Staffing levels fall marginally in June
Charges rise only fractionally as input price inflation
declines
Earlier:
China Caixin Manufacturing PMI for June 2024 51.8 (expected 51.2, prior 51.7)Note for the diary – China’s plenum meeting in July will focus on the economy
This article was written by Eamonn Sheridan at www.forexlive.com.
