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- Chinese manufacturing PMI higer than expected in August
Chinese manufacturing PMI higer than expected in August
Production activities expand at a relatively stable pace.
New export orders index dips into contractionary zone in June.
Backlogs of orders drop at a faster pace.
Stocks of finished goods decrease at a relatively fast pace. Purchases of inputs index stays high in June. Input prices go up at a relatively rapid pace.
Ex-factory prices index stays above critical 50-mark.
Imports index falls to a four-month low. Employment index stays around 49.
Suppliers' delivery time stays relatively stable. Purchasing managers remain optimistic.
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