China’s official manufacturing PMI falls to 49.2 in July, first contraction in five months
Question
China’s official manufacturing PMI falls to 49.2 in July, first contraction in five months
Direct answer
The surprise contraction weighed on CN equity sentiment and pressured CNH, while reinforcing expectations for further policy support and impacting demand outlooks for commodities such as copper.
- Original publisher
- Market Ontology
- Evidence through
- 2026-07-31
- Published
- 2026-10-20
- Revision
- 1 · 2026-10-20
Cite as: Market Ontology, “China’s official manufacturing PMI falls to 49.2 in July, first contraction in five months”, revision 1, evidence through 2026-07-31. https://marketontology.com/market-events/2026-07-31/china-s-official-manufacturing-pmi-falls-to-49-2-in-july-first-contraction-in-fi-c38a9e
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