(Finance) – In June theChina manufacturing PMI index, compiled by Caixin-Markit, stood at 51.7 points, outperforming the 50.1 points expected by analysts. The sector thus returns to an expansion phase compared to 48.1 points in May.
The figure has in fact reached 50, the dividing line between the phase of contraction – values below – and expansion – values above.
Yesterday the official manufacturing PMI index drawn up by the Beijing government was released, which showed an indicator of 50.2 points, doing slightly worse than the 50.5 points expected by the consensus, but still back in the expansion phase compared to 49, 6 points of May.
(Photo: Natálie Šteyerová)