China witnessed contraction in its factory activity in July for the fourth-consecutive month, while the country's non-manufacturing activity slowed down to its weakest in 2023.
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cnbctv18.com
China reports decline in factory activity for fourth-straight month
China's manufacturing purchasing managers' index came in July came in at 49.3, conpared to 49.0 in the previous month, according to data released by China's National Bureau of Statistics on Monday.
China's factory activity this month shrank for the fifth consecutive month, while its non-manufacturing activity hit another low for this year.
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https://www.cnbctv18.com/economy/china-pmi-data-factory-activity-shrinks-fifth-month-august-non-manufacturing-17682391.htm?utm_source=telegramapp&utm_medium=social&utm_campaign=telegram
Read more here:
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cnbctv18.com
China's factory activity shrinks for fifth consecutive month in August
China's manufacturing purchasing managers' index (PMI) was 49.7 in August, as per the data released by the country's National Bureau of Statistics on Thursday. Meanwhile, the non-manufacturing PMI fell to 51 in August, from 51.5 in July and 53.2 in the month…