• Chinese manufacturing PMI higer than expected in August

Market news

31 August 2018

Chinese manufacturing PMI higer than expected in August

Production activities expand at a relatively stable pace.

New export orders index dips into contractionary zone in June.

Backlogs of orders drop at a faster pace.

Stocks of finished goods decrease at a relatively fast pace. Purchases of inputs index stays high in June. Input prices go up at a relatively rapid pace.

Ex-factory prices index stays above critical 50-mark.

Imports index falls to a four-month low. Employment index stays around 49.

Suppliers' delivery time stays relatively stable. Purchasing managers remain optimistic.

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.