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2021: China's Manufacturing Purchasing Managers' Index in May was 51.0%, a slight decrease of 0.1 percentage point from the previous month, and remained stable

2021: China's Manufacturing Purchasing Managers' Index in May was 51.0%, a slight decrease of 0.1 percentage point from the previous month, and remained stable

  • Categories:Industry news
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  • Time of issue:2021-06-11
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(Summary description)

2021: China's Manufacturing Purchasing Managers' Index in May was 51.0%, a slight decrease of 0.1 percentage point from the previous month, and remained stable

(Summary description)

  • Categories:Industry news
  • Author:
  • Origin:
  • Time of issue:2021-06-11
  • Views:0
Information

The Service Industry Survey Center of the National Bureau of Statistics of China Federation of Logistics and Purchasing jointly released May China Manufacturing Purchasing Managers Index. Data show that China's manufacturing purchasing managers index is 1.0%, which is 0.1 percentage point weaker than last month, and continues to maintain a stable operation.

 

Due to the continuous increase in commodity prices and transmission to the middle and lower reaches of the industry chain, both the purchasing price index and the ex-factory price index of the manufacturing industry have increased significantly compared with the previous month. The China Federation of Logistics Purchasing said: "Under the intervention of all parties, the current commodity prices have fallen."

 

In addition, the published data also showed that the non-manufacturing business activity index in May was 55.2%, 0.3 percentage points higher than the previous month, indicating that companies remain optimistic about the continued recovery of the market in the future.

 

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