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    01.07.2015 08:23 Chinese final HSBC manufacturing purchasing managers’ index rises to 49.4 in June

    The Chinese final HSBC manufacturing purchasing managers' index (PMI) rose to 49.4 in June from 49.2 in May, down from the preliminary estimate of 49.6.

     

     

    A reading above the 50 mark indicates expansion, a reading below 50 indicates contraction.

     

     

    "The final reading of the HSBC China Manufacturing PMI pointed to a further decline in the health of the manufacturing sector in June. This was predominantly driven by the sharpest rate of job shedding across the sector since early-2009, while output also fell slightly on the month," Markit Economics economist Annabel Fiddes said.


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