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Vietnam suffer plunge in factory activity on renewed Covid-19 curbs; Asia factories see momentum weaken on rising costs
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Asia factories see momentum weaken on rising costs, new COVID curbs | Hellenic Shipping News Worldwide
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China June factory growth slows on COVID-19, supply chain snags - Caixin PMI Reuters 7 hrs ago © Reuters/China Daily CDIC FILE PHOTO: Employee works on a production line manufacturing steel structures at a factory in Huzhou
BEIJING (Reuters) - China s factory activity expanded at a softer pace in June, as the resurgence of COVID-19 cases in the export province of Guangdong and supply chain woes drove output growth to the lowest in 15 months, a private survey showed on Thursday.
The Caixin/Markit Manufacturing Purchasing Managers Index (PMI) fell to 51.3 last month from May s 52, marking the 14th month of expansion, but it came below analyst expectations for a only slight slowdown to 51.8.
China June factory growth slows on COVID-19, supply chain snags – Caixin PMI
FILE PHOTO: An employee works on a production line manufacturing steel structures at a factory in Huzhou, Zhejiang province, China May 17, 2020. China Daily via REUTERS//File Photo
July 1, 2021
BEIJING (Reuters) – China’s factory activity expanded at a softer pace in June, as the resurgence of COVID-19 cases in the export province of Guangdong and supply chain woes drove output growth to the lowest in 15 months, a private survey showed on Thursday.
The Caixin/Markit Manufacturing Purchasing Managers’ Index (PMI) fell to 51.3 last month from May’s 52, marking the 14th month of expansion, but it came below analyst expectations for a only slight slowdown to 51.8.
Market drifts lower in early trade; breadth positive
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