China Caixin PMI manufacturing dipped to 50.5, dire job market, deflationary pressure, waning optimism

<p>China’s Caixin PMI Manufacturing for June recorded a slight decline from 50.9 in May to 50.5. slightly above expectation of 50.2. Caixin indicated that while output marginally increased, demand growth remained modest. Meanwhile, input prices experienced their sharpest decline since January 2016, and business confidence sank to an eight-month low. Wang Zhe, Senior Economist at […]</p>
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