ECONOMICS COMMENTARY
Jun 20, 2013
China flash PMI at nine-month low as export orders fall at fastest rate for four years
Business conditions in China's manufacturing economy deteriorated at the fastest rate for nine months in June, according to the HSBC flash PMI, produced by Markit. The headline PMI fell from 49.2 in May to 48.3, its lowest since September and signalled a second successive monthly downturn of the goods-producing sector.
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