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Stock Photo: A factory worker works inside of an electronics factory in Qingdao, Shandong Province, China, January 29, 2018. REUTERS / William Hong
(reuters_tickers)
BEIJING (Reuters) – China's manufacturing sector slowed slightly in June, after an increase in input costs and a decline in export orders in the middle of a trade dispute with the United States, revealed Monday a private investigation
The Purchasing Managers Index ( PMI)) of Caixin / Markit for the manufacturing sector fell to 51.0 in June from 51.1 in May, coinciding with economists' forecasts.
The PMI stayed above the 50-point level that separates growth from contraction by the thirteenth month c
A production subindex reached 52.1 in June, a four-month high, although growth in new orders has slowed and companies have chosen to sell existing stocks rather than replenish their stocks.
The survey showed that new export orders were contracted for the third consecutive month and in greater numbers in two years, although there was no had a significant drop compared to the previous two months. The manufacturing PMI released Saturday showed a slowdown in manufacturing sector growth in June, from 51.9 in May to 51.5
(Report by Elias Glenn, published in Spanish by Carlos Aliaga) [19659014] Neuer Inhalt
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