The Chinese industrial shopping managers’ index (PMI) rose from 49.5 in May to 49.7 in June. When the indicator is below 50 points that means that the country’s economic activity is in contrast.
The data, however, came above the expectations of FactSet analysts, which provided 49.5. The Services PMI fell to 50.1 in June, compared to 50.2 in May, equal to the forecast of analysts, of 50.1.
