中国_标普全球中国制造业采购经理人指数 7 月显著下降-China_ S&P Global China manufacturing PMI fell notably in July
2025-08-05 03:16
S&P Global manufacturing PMI: 49.5 in July (GS forecast: 49.8; Bloomberg consensus: 50.2), vs. 50.4 in June. Main points: 1. China's S&P Global manufacturing PMI fell notably to 49.5 in July from 50.4 in June, which missed market expectations by a large margin (Exhibit 1). Among major sub-indexes, the output sub-index fell sharply to 48.5 from 52.1, the new order sub-index edged down to 50.1 from 50.2, while the employment sub-index rose to 49.1 from 48.7. The suppliers' delivery times sub-index inched up t ...