China's Caixin Manufacturing PMI contracts to 49.8 in July vs. 51.5 expected
Aug 1, 2024 1:46 AM
China's Caixin Manufacturing Purchasing Managers' Index (PMI) unexpectedly contracted to 49.8 in July, compared to a 51.8 print registered in June, the latest data showed on Wednesday.
The market consensus was 51.5 in the reported month.
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