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1 July, 2018 00:00 00 AM
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China’s manufacturing activity expands slower in June

Xinhua

China’s manufacturing sector expanded at a slower pace in June, official data showed yesterday, reports Xinhua from Beijing.

The country’s manufacturing purchasing managers’ index came in at 51.5 this month, decelerating from 51.9 in May, according to the National Bureau of Statistics (NBS).

A reading above 50 indicates expansion, while a reading below reflects contraction.

The June figure was

higher than an average reading of 51.3 for the first half of this year, according to the NBS.

“The fundamentals of the manufacturing sector are basically sound,” NBS senior statistician Zhao Qinghe said.

 

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Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
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Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

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