In June, China's manufacturing PMI was 50.9%, and non manufacturing PMI was 54.4
In June, China's Manufacturing Purchasing Managers Index (PMI) was 50.9%, up 0.3 percentage points from the previous month. In June, the non manufacturing business activity index was 54.4%, up 0.8% from the previous month, and rebounded for four consecutive months.
In June, China's Manufacturing Purchasing Managers Index (PMI) was 50.9%, up 0.3 percentage points from the previous month.
In terms of enterprise scale, the PMI of large and medium-sized enterprises were 52.1% and 50.2%, respectively, up 0.5% and 1.4% compared with the previous month; the PMI of small enterprises was 48.9%, down 1.9% compared with the previous month.
From the perspective of sub index, among the five sub indexes of manufacturing PMI, production index, new order index and supplier delivery time index are higher than the critical point, while raw material inventory index and employee index are lower than the critical point.
The production index was 53.9%, an increase of 0.7 percentage points over the previous month, indicating that the production of the manufacturing industry continued to pick up on a month on month basis.
The index of new orders was 51.4%, 0.5 percentage points higher than that of the previous month, rising for two consecutive months, indicating that the manufacturing market demand continued to recover.
The inventory index of raw materials was 47.6%, up 0.3 percentage points from the previous month, indicating that the decline in inventory of major raw materials in the manufacturing industry narrowed.
The employment index was 49.1%, lower than 0.3% of the previous month, indicating that the employment situation of manufacturing enterprises has declined slightly.
The supplier delivery time index was 50.5%, which was the same as last month, but higher than the critical point, indicating that the delivery time of raw material suppliers in manufacturing industry has been accelerated.