AI Data Insight

China's non-manufacturing PMI input price index for July 2026 (Q3) was reported at 49.7, flat compared to June (Q2), reflecting that input costs remain in a weak contractionary zone. However, the overall non-manufacturing PMI unexpectedly fell below the expansion-contraction threshold to 49.0. Caught in the dual squeeze of sluggish terminal demand and declining sales prices, corporate profit margins are being further compressed.

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