6/30, 4:02 AM (Source: TeleTrader)
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China's manufacturing sector up in June

China's National Bureau of Statistics (NBS) Purchasing Manager's Index (PMI) for manufacturing landed in the expansionary territory in June, increasing to 50.2, according to a preliminary report released on Thursday by the China Federation of Logistics and Purchasing (CFLP).

The data, compiled by the NBS, showed the headline figure above the neutral 50, rising compared to last month’s 49.6 to land slightly below estimates despite marking an overall production increase in the sector.

Additionally, the official non-manufacturing PMI rose to 54.7 in June on a yearly basis, improving compared to last month's figure of 47.8.

Baha Breaking News (BBN) / NL