Saturday, May 26, 2012

CHINA MAY FLASH HSBC PMI WEAKENS AGAIN

imageNo hard landing but slow erosion.

  • Flash PMI down 0.6 to 48.7.
  • Output Index +1.2 to 50.5.
  • New orders declined at a faster rate.
  • New export orders resumed decline.
  • Employment still weakening.
  • Inflation keeps slowing.

image

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This entry was posted in ***CHINA WATCH, ***RECOVERY WATCH, China economy, China Manufacturing, PMI by Denis Ouellet. Bookmark the permalink.

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