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China: Manufacturing conditions improve further in June, completing strongest quarter since 2020
The June PMI® survey data highlighted a further improvement in manufacturing business conditions in China, completing the strongest quarter for the sector since the fourth quarter of 2020. Moreover, the rate of input price inflation slowed further to a five-month low. The headline seasonally adjusted RatingDog China General Manufacturing Purchasing Managers’ Index™ (PMI) – a composite indicator designed to provide a single-figure snapshot of operating conditions in the manufacturing economy – posted above the 50.0 no-change mark for the seventh month running in June, indicating an improvement in ... (full story)
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