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Qzone

PMI Quarterly on China Manufacturing (2Q 2018)

PMI indicates relatively stable growth of production and economic activities in China

  • Production activities expand at a relatively stable pace.
  • New export orders index dips into contractionary zone in June.
  • Backlogs of orders drop at a faster pace.
  • Stocks of finished goods decrease at a relatively fast pace.
  • Purchases of inputs index stays high in June.
  • Input prices go up at a relatively rapid pace.
  • Ex-factory prices index stays above critical 50-mark.
  • Imports index falls to a four-month low.
  • Employment index stays around 49.
  • Suppliers’ delivery time stays relatively stable.
  • Purchasing managers remain optimistic.

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Content provided by Fung Business Intelligence
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