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China's Non-manufacturing PMI Drops to 53.9 in June
Jul 3, 2013 10:21Source:SMM
The purchasing managers index (PMI) for China's non-manufacturing sector stood at 53.9 percent in June, down from 54.3 percent for May。
BEIJING, July 3 (Xinhua) -- The purchasing managers index (PMI) for China's non-manufacturing sector stood at 53.9 percent in June, down from 54.3 percent for May, according to official data released on Wednesday.
A PMI reading above 50 percent indicates expansion, while a reading below 50 percent indicates contraction.
The statistics were released by the National Bureau of Statistics and the China Federation of Logistics and Purchasing.
China's Non-manufacturing PMI
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