China's manufacturing PMI contracts for third consecutive month in June to 49.7; services growth at 3-month peak
Source: SeekingAlpha
2025-06-30 01:08:08 ET
China’s manufacturing PMI edged up to 49.7 in June from 49.5, matching expectations, while marking the third consecutive month of contraction in factory activity. The non-manufacturing PMI also rose slightly to 50.5, above market consensus and May's figure of 50.3, indicating tepid growth in services and construction....
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China’s manufacturing PMI contracts for third consecutive month in June to 49.7; services growth at 3-month peak
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