The purchasing managers' index (PMI) for China’s manufacturing sector was at 50.0 percent in July of the current year, down 0.2 percentage points compared to June, as announced by China's National Bureau of Statistics (NBS) on August 1.
In the given month, the production index for China's manufacturing sector was at 52.4 percent, down 0.5 percentage points month on month, while the overall new order index for the sector was at 49.9 percent, down 0.2 percentage points compared to the previous month.
The raw material inventory index for China's manufacturing sector was at 48.4 percent in July, down 0.3 percentage points compared to the previous month. Also in July, the employment index for China's manufacturing sector stood at 48.0 percent, down by just 0.1 percentage point, while the supplier delivery time index for the sector in question was at 50.4 percent, up 0.1 percentage point, both month on month.