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China's non-manufacturing PMI drops to 53.9 in June

English.news.cn   2013-07-03 09:29:40            

BEIJING, July 3 (Xinhua) -- The purchasing managers index (PMI) for China's non-manufacturing sector stood at 53.9 percent in June, down from 54.3 percent for May, according to official data released on Wednesday.

A PMI reading above 50 percent indicates expansion, while a reading below 50 percent indicates contraction.

The statistics were released by the National Bureau of Statistics and the China Federation of Logistics and Purchasing.

Editor: Yang Yi
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