Manufacturing Sector
Large enterprises: PMI at 50.7 (expanding, +1.5 pts).
Small enterprises: 49.3 (contracting, but improved +0.6 pts).
Production: 50.7 (expanding, +0.9 pts).
Raw material inventories: 47.4 (still weak, but decline narrowing).
Supplier delivery times: 50.0 (neutral).
Headline PMI: 50.3 (slightly down from 50.4 in April, but still expanding).
Services activity: 50.2 (marginal growth, up 0.1 pt).
Weak sectors: Real estate and capital markets (below 50).
Construction: 43.3 (+3.7 pts).
Input prices: 48.2 (still declining, but at a slower pace).
Employment: 45.5 (unchanged, remains weak).
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China expected to announce 'major financial polices' on June 18 and 19, 2025
As I said in the post:
How many times have we been promised big economic announcements from China ... only to be disappointed with incremental change?I suspect as that date approaches excitement and pumping will build, only to be dashed. Enough whining, its the weekend! Have good one and don't forget to join early on Monday for the market response to all the news the weekend will bring.
This article was written by Eamonn Sheridan at www.forexlive.com. Read More Details
Finally We wish PressBee provided you with enough information of ( China May Manufacturing PMI rose to 49.5 (prior 49.0), Non-manufacturing 50.3 (prior 50.4) )
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