[Breaking News] China July manufacturing PMI 49.2; Expected 50.1
[Breaking News] China July manufacturing PMI 49.2; Expected 50.1 ❓PMI: Purchasing Managers' Index. Leading economic indicators based on a survey of purchasing managers in the manufacturing and service industries. 50 baseline — expand above 50, contract below. Announced by S&P Global, ISM, etc. ❓Manufacturing PMI: Manufacturing Purchasing Managers' Index (Manufacturing PMI). Calculated from a survey of manufacturers’ purchasing managers. 50 baseline — expand above 50, contract below. Weighted average of 5 items including new orders, production, employment, and inventory 📰Original text/transla…
The excerpt is quoted from a public Telegram channel, which owns its text.