China's PMI down to 51.4 in July

China's official Purchasing Managers' Index slowed to 51.4 in July from 51.7 a month earlier.

China's official Purchasing Managers' Index, which measures vitality of the manufacturing sector slated towards state-owned enterprises, slowed to 51.4 in July from 51.7 a month earlier, the National Bureau of Statistics said today.

It remained in the expansionary territory for a 12th consecutive month.

The non-manufacturing PMI also moderated to 54.5 from 54.9.


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