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![Non-manufacturing PMI was at 53.7, compared with 53.1 in May [Xinhua images]](http://thebricspost.com/wp-content/uploads/2013/07/china-manufacturing.jpg)
Non-manufacturing PMI was at 53.7, compared with 53.1 in May [Xinhua]
The Chinese government’s manufacturing Purchasing Managers’ Index (PMI) came in at 50.0 in June, versus 50.1 logged in May, although output hit a 12-month high, said official data released on Friday.
The government survey tracks the health of large and state-owned companies.
The Caixin General China Manufacturing Purchasing Managers’ Index (PMI), another indicator of manufacturing activity, dropped to 48.6 in June from 49.2 in May, a private survey showed Friday.
The reading is below the neutral 50-point level, signalling a marginal deterioration in the manufacturing sector, according to the survey conducted by financial information service provider Markit and sponsored by Caixin Media Co. Ltd.
A reading above 50 indicates expansion, while a reading below 50 represents contraction.
Meanwhile, activity in China’s services sector picked up in June.
Non-manufacturing PMI was at 53.7, compared with 53.1 in May.
The Brexit vote and weaker economic growth globally have impacted exporters, China’s statistics bureau said in a statement with the data.
Source: Agencies
