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1st Aug 2017 07:14China+, Economic Monitor

The Caixin manufacturing PMI rebounded to 51.1 in July from 50.4 in June, soundly beating the consensus for no change. The PMIs are seasonally adjusted but the data are much less volatile on our adjustment model. On our adjustment, the headline has averaged 50.9 so far this year, modestly higher than in the second half of last year.

pmi china chinese input prices household income productivity caixin manufacturing caixin profit margins gdp gdp growth producer prices caixin pmi wages wage growth rmb loans real growth korean exports exports export orders pmi real income

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Keywords for: 2 August 2017 Inflation to Erode Chinese Demand in the Second Half

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