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HSBC Flash China Manufacturing PMI
Chinese manufacturers report sharpest decline in new export orders since March 2009. Key points Flash China Manufacturing PMI™ at 48.1 (48.4 in May). 7-month low. Flash China Manufacturing Output Index at 49.1 (49.7 in May). 3-month low. Data collected 11–19 June 2012. The HSBC Flash China Manufacturing Purchasing Managers’ Index™ (PMI™) is published on a monthly basis approximately one week before final PMI data are released, making the HSBC PMI the earliest available indicator of manufacturing sector operating conditions in China. The estimate is typically based on approximately 85%–90% of total ... (full story)
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