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China HSBC Flash PMI for June falls to 48.1 from the 48.4 final read for May. It's the 8th...

  • Wednesday, June 20, 2012, 11:35 PM ET
    China HSBC Flash PMI for June falls to 48.1 from the 48.4 final read for May. It's the 8th consecutive month of contraction for the manufacturing sector. New export orders fell to 45.9, the lowest level since March 2009, and both input and output prices fell to their lowest levels in 2 years. Shanghai -1.4%, Hong Kong -0.9%, Sydney -0.9%. The aussie -0.3%.
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This news story has 3 comments:

  •  
    I wonder if you can now call this a trend?
    21 Jun 2012, 12:27 AM Reply Like
  •  
    When the numbers are cooked as well as the Chinese seem to be able to cook them, trends can be elusive.
    23 Jun 2012, 08:04 PM Reply Like
  •  
    No matter how much money the central banks print, it is not having much of an effect on weakening economies worldwide. Creating more debt does not reduce already too high debt levels.
    21 Jun 2012, 12:57 AM Reply Like
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