Manufacturing PMI rose to 50.2 in October, returning to the line above the line

In October 2012, the China Manufacturing Purchasing Managers Index (PMI) was 50.2%, up 0.4 percentage points from the previous month and returning to the critical point. In terms of the size of the enterprise, the PMI of large enterprises was 50.9%, up 0.7 percentage points from the previous month. It was above the critical point for two consecutive months. It was the main driving force for the overall recovery of the manufacturing economy this month; the medium-sized enterprise PMI was 49.3%, compared with The monthly decline was 0.5 percentage points; the small business PMI was 47.2%, up 0.5 percentage points from the previous month. In October 2012, the five sub-indexes that make up the manufacturing PMI generally improved.    The production index was 52.1%, up 0.8 percentage points from the previous month, above the critical point, indicating that manufacturing production maintained growth, and the growth rate accelerated for two consecutive months. From the industry situation, the production of textile and apparel apparel industry, wood processing and furniture manufacturing, petroleum processing and coking, electrical machinery and equipment manufacturing, ferrous metal smelting and rolling processing industries, especially ferrous metal smelting and rolling Industrial production has rebounded sharply this month after a sharp decline in three consecutive months; tobacco products industry, paper printing, cultural and educational products, food and beverage, refined tea manufacturing, metal products, special equipment manufacturing, chemistry The production index of industries such as fiber and rubber plastic products industry is below the critical point, and the production volume of enterprises has fallen. The new order index was 50.4%, up 0.6 percentage points from the previous month. It was the first time since May 2012 that it has risen above the critical point, indicating that the order quantity of products from customers in the manufacturing industry has risen and the market demand has improved. From the industry situation, the market demand for textile and apparel apparel industry, petroleum processing and coking industry, ferrous metal smelting and rolling processing industry, pharmaceutical manufacturing industry has increased; special equipment manufacturing, metal products industry, tobacco products industry, paper printing And the new orders index of the cultural and educational industry, the entertainment industry, the food and beverage refined tea manufacturing industry, the chemical fiber and rubber plastic products industry are below the critical point, and the market demand is decreasing. The survey results show that the new export order index and import index reflecting the foreign trade situation of the manufacturing industry are 49.3% and 48.4%, respectively, up 0.5 and 0.7 percentage points from the previous month. Although they are still below the critical point, the index has continued to rise. It shows that the foreign trade situation of the manufacturing industry has improved. The raw material inventory index was 47.3%, up 0.3 percentage points from the previous month and continued to be below the critical point, indicating that the raw material inventory of the manufacturing industry continued to decrease, but the decline was slightly narrowed. In terms of industry conditions, raw materials in the pharmaceutical manufacturing, wood processing and furniture manufacturing, textile and apparel apparel, food and beverage and refined tea manufacturing industries have increased; metal products, textiles, non-ferrous metal smelting and calendering The raw material inventory index of industrial, special equipment manufacturing, chemical fiber and rubber plastic products, non-metallic mineral products and other industries is below the critical point, and the raw material inventory of enterprises continues to decrease. The employee index was 49.2%, up 0.3 percentage points from the previous month. From the perspective of the industry, the pharmaceutical industry, tobacco products industry, agricultural and sideline food processing industry and other industry employees index is above the critical point, the number of enterprises has increased; metal products industry, textile industry, petroleum processing and coking industry and other industries The amount of work continues to decrease. The supplier's delivery time index was 50.1%, up 0.6 percentage points from the previous month, slightly above the critical point, indicating that the supply time of manufacturing raw material suppliers has increased slightly compared with the previous month. The purchase price index of major raw materials was 54.3%, up 3.3 percentage points from the previous month. The index has risen month by month since August 2012 and has been above the critical point for two consecutive months, indicating the overall purchase price of major raw materials in the manufacturing industry. Continue to rise. In terms of industry, the purchase prices of major raw materials in the chemical fiber and rubber plastic products industry, petroleum processing and coking industry, tobacco products industry, ferrous metal smelting and rolling processing industry, chemical raw materials and chemical products manufacturing industries have increased significantly; The purchase price index of major raw materials in the manufacturing, general equipment manufacturing and other industries continued to be below the critical point, and the prices of raw materials purchased by enterprises continued to fall.

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