2 July 2015
Guangdong Manufacturing PMI (2015/06)
Guangdong Manufacturing PMI fell 0.2 percentage point to 51.3 in June, but continue to stay in the expansionary zone. Reflecting a minor adjustment in business confidence, indexes of output, new orders, raw material inventories and employment were all slightly lower than that of the previous month, while index of supplier deliveries increased.
Note: The Guangdong manufacturing PMI is a composite index based on the diffusion indexes for the five major components: output, new orders, raw material inventories, employment, supplier delivery times. A PMI reading above 50 indicates that the manufacturing economy is generally expanding; below 50 indicates that it is generally declining.