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Economy

Manufacturing PMI slightly rebounded in June, and non manufacturing industries maintained an expansion trend

2023-06-30   

According to the data released by the National Bureau of Statistics on the 30th, in June 2023, the manufacturing Purchasing Managers'Index (PMI) will be 49.0%, the non manufacturing business activity index will be 53.2%, and the comprehensive PMI output index will be 52.3%. Zhao Qinghe, senior Statistician of the Service Industry Survey Center of the National Bureau of Statistics, said that the Purchasing Managers'Index of the manufacturing industry rose 0.2 percentage points over the previous month, indicating that the prosperity level of the manufacturing industry has improved; The non manufacturing business activity index and the comprehensive PMI output index were 53.2% and 52.3%, respectively, a decrease of 1.3 and 0.6 percentage points compared to the previous month. They continue to be in the expansion range, and China's economy maintains a recovery and development trend. The manufacturing Purchasing Managers'Index rose slightly. In June, the manufacturing PMI rose slightly. Of the 21 industries surveyed, 12 rose month on month, 4 more than the previous month. The overall prosperity level of the manufacturing industry improved. Both production and demand indices have rebounded. The production index was 50.3%, an increase of 0.7 percentage points compared to the previous month, returning to the expansion range, and the production activities of manufacturing enterprises have accelerated; The new order index was 48.6%, an increase of 0.3 percentage points compared to the previous month. From an industry perspective, the automotive, railway, ship, aerospace equipment, electrical and mechanical equipment, and computer communication electronic equipment industries are both in the expansion range, with fast release of production and demand. The price index is higher than last month. Recently, some commodity prices have continued to decline, and the manufacturing market prices have generally declined, but the extent has narrowed. The main raw material purchase price index and factory price index are 45.0% and 43.9%, respectively, an increase of 4.2 and 2.3 percentage points compared to the previous month. The proportion of enterprises with high raw material costs and high logistics costs reflected in the survey has been declining for four consecutive months, easing the cost pressure on enterprises. Large enterprise PMI returns to expansion range. The PMI of large enterprises was 50.3%, an increase of 0.3 percentage points compared to the previous month. Especially, the production index and new order index have been above the critical point for two consecutive months, and production and demand continue to grow, which has a significant driving effect on the PMI of the manufacturing industry this month; The PMI of medium-sized enterprises was 48.9%, an increase of 1.3 percentage points compared to the previous month, indicating an improvement in the economic level; The PMI of small enterprises was 46.4%, a decrease of 1.5 percentage points from the previous month. Some key industries continue to expand. The PMI of the equipment manufacturing industry and high-tech manufacturing industry were 50.9% and 51.2% respectively, an increase of 0.5 and 0.7 percentage points compared to the previous month, both of which have rebounded for two consecutive months, and the expansion of the industry has increased; The PMI of the consumer goods industry is 50.7%, indicating stable industry operation; The PMI of high energy consuming industries was 46.6%, an increase of 0.8 percentage points compared to the previous month. The non manufacturing business activity index continued to expand in June, with a non manufacturing business activity index of 53.2%, continuing to expand. The service industry continues to recover. The business activity index of the service industry was 52.8%, a decrease of 1.0 percentage points compared to the previous month, and it is still in the expansion range. The service industry continues to maintain a recovery and development trend. From an industry perspective, air transportation, postal express delivery, telecommunications and telecommunications

Edit:luxiongfeng Responsible editor:zhaoxiaoli

Source:people.com.cn

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