Text: | Print|

China's non-manufacturing PMI rises to 54.1 pct in July

2013-08-03 10:29 Xinhua Web Editor: Wang YuXia
1

The purchasing managers index (PMI) for China's non-manufacturing sector stood at 54.1 percent in July, up from 53.9 percent for June, according to official data released on Saturday.

A PMI reading above 50 percent indicates expansion, while a reading below 50 percent indicates contraction.

The monthly indicator is released by the National Bureau of Statistics and the China Federation of Logistics and Purchasing.

Comments (0)
Most popular in 24h
  Archived Content
Media partners:

Copyright ©1999-2018 Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.