FXStreet (Bali) – Flash China General Manufacturing PMI came at 48.2 in
July (49.4 in June), which translate in a 15-month low.
Key release
The Caixin Flash China General Manufacturing Purchasing Managers’ Index™ (PMI™) is published on a monthly basis ahead of final PMI data, making the Caixin PMI the earliest available indicator of manufacturing sector operating conditions in China. The estimate is typically based on approximately 85%–90% of total PMI survey responses each month and is designed to provide an accurate indication of the final PMI data. July final PMI data will be released on 3 August 2015.”
July (49.4 in June), which translate in a 15-month low.
(Market News Provided by FXstreet)