Chinese Flash Manufacturing PMI

Economy

The HSBC Flash China Manufacturing Purchasing Managers' Index (PMI), compiled by Markit, rose to 49.6 in June, up from a final May PMI reading of 49.2 and marking a three month high. However, with another reading below 50, this would make June the fourth successive month of contraction in the Chinese manufacturing sector. The Flash Japanese Manufacturing PMI dropped to 49.9 in June, down from a final May reading of 50.9, while the flash manufacturing PMI reading for the Eurozone rose to a 14-month high of 52.5.