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PMI Quarterly on China Manufacturing - Issue 29

PMI points to growth stabilization

 

  • Output index rises to the highest level in 43 months.
  • Both new orders and new export orders indices climb as demand improves.
  • Backlogs of orders index continues its upward trend.
  • Stocks of finished goods drop at a faster pace.
  • Growth in purchasing activities reaccelerates.
  • Prices of production inputs rise slightly.
  • Ex-factory prices continue to drop.
  • Imports of raw materials and parts increase.
  • Employment in manufacturing sector decreases at a slow pace.
  • Suppliers’ delivery slows.
  • Confidence among purchasing managers improves.

 

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Content provided by Fung Business Intelligence
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