In April, China'S Purchasing Managers' Index Continued To Expand At 50.1%.
Recently, the National Bureau of Statistics Service Industry Survey Center and the China Federation of logistics and purchasing issued the operation of the purchasing managers index of China's manufacturing industry.
In April 2019, China's Manufacturing Purchasing Managers Index (PMI) was 50.1%, down 0.4 percentage points from last month, and continued to expand in the expansion area.
From the scale of enterprises, the PMI of large enterprises is 50.8%, lower than that of last month's 0.3 percentage points, higher than the critical point; the PMI of medium-sized enterprises is 49.1%, lower than that of last month's 0.8 percentage points, and is located below the critical point; small enterprises PMI is 49.8%, higher than last month's 0.5 percentage points, reaching the critical point.
According to the classification index, the production index and the new order index are higher than the critical point in the 5 classification indices of manufacturing PMI. Raw material inventory index, employee index and supplier delivery time index are below the critical point.
The production index is 52.1%, down 0.6 percentage points from last month, above the critical point, indicating that the pace of manufacturing expansion has slowed down.
The new order index was 51.4%, a slight decrease of 0.2 percentage points from last month, which is above the critical point, indicating that the manufacturing market demand is generally stable.
The stock index of raw materials was 47.2%, down 1.2 percentage points from last month, which is below the critical point, indicating that the main raw material inventory of the manufacturing industry has dropped.
The employment index is 47.2%, down 0.4 percentage points from last month, which is below the critical point, indicating that the number of manufacturing enterprises has decreased.
The supplier delivery time index was 49.9%, down 0.3 percentage points below last month, below the critical point, indicating that the delivery time of manufacturing raw material suppliers slowed slightly.
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