WEAK: CHINESE FLASH PMI FALLS TO 47.8

• Tweet
• Pin It

China’s Flash PMI number for August is out, and it’s not good.

The manufacturing gauge, which is a preview to the official number at the beginning of next month, fell to 47.8 from 49.3 last month.

Anything below 50 is negative, and that’s getting deep.

This chart shows the deterioration in the headline index:

As you can see here, there weren’t really any good subcategories at all.

You can download the whole announcement here >

 

Please follow Money Game on Twitter and Facebook.

Join the conversation about this story »

Clusterstock

Related Posts

• Video: CISPA’s Weak Excuse to Blatantly Violate Your Privacy
  Video: CISPA’s Weak Excuse to Blatantly Violate Your Privacy
• Print Friendly and PDF Chinese ‘Organic’ Contamination: How to Avoid Fake Organic Products
  Print Friendly and PDF Chinese ‘Organic’ Contamination: How to Avoid Fake Organic Products
• Gucci Mane Falls Asleep High Off Kush While Filming “Spring Breakers” Sex Scene! “I Feel Mozart’s On My D**k”
  Gucci Mane Falls Asleep High Off Kush While Filming “Spring Breakers” Sex Scene! “I Feel Mozart’s On My D**k”
• Video: Fireball over Texas & Louisiana Turns out to Be Chinese Rocket
  Video: Fireball over Texas & Louisiana Turns out to Be Chinese Rocket