China's July PMI inches up as recovery solidifies

This is a discussion on China's July PMI inches up as recovery solidifies within the China News forum, part of the Doing Business in China category; China’s manufacturing sector consolidated its recovery in July, with businesses benefiting from a revived domestic economy and reporting a slight ...

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Old Aug 1st, 2009, 07:40 AM   #1
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Default China's July PMI inches up as recovery solidifies

China’s manufacturing sector consolidated its recovery in July, with businesses benefiting from a revived domestic economy and reporting a slight pick-up in external demand, a key survey released on Saturday showed.

China’s official purchasing managers’ index (PMI) for July inched up to 53.3 from 53.2 in June, the China Federation of Logistics and Purchasing (CFLP) said.

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