Sunday, December 14, 2025 | 03:58 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

China July official factory PMI falls to 51.2, below expectations

Image

Reuters BEIJING

BEIJING (Reuters) - Growth in China's manufacturing sector cooled for the second straight month in July, official data showed on Tuesday, a sign factories face challenges as the trade dispute between Beijing and Washington worsens.

The official Purchasing Managers' Index (PMI) released on Tuesday fell to 51.2 in July, from 51.5 in June, but remained above the 50-point mark that separates growth from contraction for the 24th straight month.

Analysts surveyed by Reuters had forecast the reading to dip to 51.3.

The survey come after the country logged a modest slowdown in its economic growth in the second quarter compared with the previous quarter, as the government's multi-year efforts to tackle debt risks begin to weigh on growth and the trade war with the United States threatens exports.

 

(Reporting by Beijing Monitoring Desk; Editing by Sam Holmes)

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jul 31 2018 | 6:37 AM IST

Explore News