Industrials Aug 02, 2021 07:59 AM (GMT+8)
CSC pointed out that in July, the manufacturing PMI was lower than expected, significantly downward, the economy showed a weak state, and the recovery and repair further slowed down. In July, the PMI index of non manufacturing industry decreased by 0.2 percentage points, two consecutive times weaker than seasonality; The non manufacturing industry is unbalanced, the construction industry remains strong, and the decline in consumption has not seen much improvement. Overall, this month's prosperity data show that the economy is weak. In addition to seasonal factors, the changes of epidemic situation, infrastructure and overseas demand all have a negative impact on the economy. At this stage, with the impact of Nanjing epidemic situation, rainstorm weather and other factors, the data in August may still weaken.
This text is a result of machine translation.