China: June PMIs indicate an stronger-than-expected growth momentum
Published on Monday, July 3, 2017 | Updated on Sunday, May 13, 2018
China: June PMIs indicate an stronger-than-expected growth momentum
Summary
China’s official manufacturing PMI (released by NBS last Friday) picked up significantly to 51.7 in June from 51.2 in May, well above market expectations (Consensus: 51). Following the same trend, the Caixin China Manufacturing PMI announced today, which includes a survey sample tilting toward SMEs and exporters, increased to 50.4 in June from 49.6 in the previous month.
Topics
- Topic Tags
- Regional Analysis China
- Macroeconomic Analysis
Authors
Jinyue Dong
BBVA Research - Senior Economist
Le Xia
BBVA Research - Chief Economist
Documents and files
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