China June non-manufacturing PMI eases t…

SHANGHAI, July 3 (Reuters) – China’s purchasing managers’

hand for non-manufacturing sectors fell to 57.4 in June from

62.7 in May, the China Federation of Logistics and Purchasing

(CFLP) declared on Saturday.

The index, the weakest since February, comes as a span of

manufacturing PMI surveys also showed slowing expansion in

response to powers that be steps to cool the property market and curb

bank lending with a faltering global recovery.

Except for slight increases seen for funds of finished goods

and suppliers delivery times, all other sub-director for China’s

service sectors dropped in June, according to the CFLP’s authoritative

survey.

CFLP non-manufacturing PMI index:

June May

Service PMI 57.4 62.7

New the sacred profession 52.9 57.0

New export orders 52.9 53.8

Backlogs of ecclesiastical office 46.2 47.3

Stocks of finished goods 49.2 48.9

Intermediate input prices 53.6 58.9

Fees charged 48.7 51.0

Employment 54.1 54.5

Suppliers transmission times 52.9 52.2

Business outlook 68.3 70.3

(Reporting by Karen Yeung)

((If you have a query or comment on this record, send an email to news.feedback.asia@thomsonreuters.com) Keywords: CHINA ECONOMY/SERVICES

(karen.yeung@thomsonreuters.com; +86 21 6104 1783; Reuters Messaging: karen.yeung.reuters.com@reuters.without deductions)

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