China's factory activity shrinks for third month, services activity rise least in eight months

seekingalpha2024-07-31

The official NBS Manufacturing PMI in China declined to 49.4 in July 2024 from 49.5 in the previous month, compared to the market forecast of 49.3, marking the third straight month of contraction in ...

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Currency: (CNY:USD) More on China  PBOC unexpectedly cuts LPR rates and short-term policy rates to bolster economic recovery China retail sales growth slumps unexpectedly in June; industrial output growth beats estimates China's Q2 GDP growth slows to 4.7% below estimates amid property downturn, weak domestic demand China's consumer inflation rate softens in June amid weak domestic demand; PPI falls by 0.8% China's consumer prices rise less than expected in May, PPI deflation eases","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.30.0","shortVersion":"4.30.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2455990223"}