National Bureau of Statistics: Manufacturing Purchasing Managers Index was 51.4% in October

　　Chinanews.com, October 31. According to the website of the National Bureau of Statistics, in October, China’s Manufacturing Purchasing Managers’ Index (PMI) was 51.4%, which is a slight drop of 0.1 percentage point from the previous month, but has been continuously at a critical point since March. The above shows that the overall manufacturing industry continues to pick up.

　　In terms of enterprise scale, the PMI of large enterprises was 52.6%, which was slightly higher than 0.1 percentage point of the previous month; the PMI of medium-sized enterprises was 50.6%, which was a slight decrease of 0.1 percentage point from the previous month; the PMI of small enterprises was 49.4%, which was a decrease of 0.7 percentage points from the previous month. percentage point.

　　In terms of sub-indices, among the five sub-indices that make up the manufacturing PMI, the production index, the new order index and the supplier delivery time index are all above the critical point, and the raw material inventory index and the employee index are below the critical point.

　　The production index was 53.9%, which was 0.1 percentage point lower than the previous month, but it was still above the threshold, indicating that the manufacturing output continued to grow.

　　The new order index was 52.8%, the same as last month, indicating that the manufacturing market demand remained stable and recovered.

　　The raw material inventory index was 48.0%, a decrease of 0.5 percentage points from the previous month, indicating that the inventory of major raw materials in the manufacturing industry has decreased.

　　The employment index was 49.3%, a decrease of 0.3 percentage points from the previous month, indicating a slight decline in the employment boom of manufacturing enterprises.

　　The supplier delivery time index was 50.6%, which was 0.1 percentage point lower than last month, but it was still higher than the threshold, indicating that the delivery time of manufacturing raw material suppliers was faster than last month.

　　In October, the non-manufacturing business activity index was 56.2%, an increase of 0.3 percentage points from the previous month, and was above the threshold for eight consecutive months. The pace of non-manufacturing recovery has accelerated.

　　In terms of different industries, the business activity index of the construction industry was 59.8%, 0.4 percentage points lower than last month.

The business activity index of the service industry was 55.5%, an increase of 0.3 percentage points from the previous month.

From the perspective of the industry, the business activity index of railway transportation, air transportation, accommodation, telecommunications, broadcasting, television and satellite transmission services, culture, sports and entertainment is above 60.0%, and the business activity index of capital market services is below the critical point.

　　The new order index was 53.0%. Although it was down 1.0 percentage point from the previous month, it was still above the threshold, indicating that non-manufacturing market demand continued to improve.

In terms of different industries, the construction industry new orders index was 53.1%, a decrease of 3.8 percentage points from the previous month; the service industry new orders index was 52.9%, a decrease of 0.6 percentage points from the previous month.

　　The input price index was 50.9%, an increase of 0.3 percentage points from the previous month, indicating that the input prices used by non-manufacturing enterprises for business activities continued to rise overall.

In terms of industries, the construction industry input price index was 52.9%, an increase of 1.6 percentage points from the previous month; the service industry input price index was 50.6%, an increase of 0.1 percentage points from the previous month.

　　The sales price index was 49.4%, an increase of 0.5 percentage points from the previous month, indicating that the overall decline in non-manufacturing sales prices has narrowed.

In terms of different industries, the construction industry sales price index was 52.3%, an increase of 1.3 percentage points from the previous month; the service industry sales price index was 48.9%, an increase of 0.4 percentage points from the previous month.

　　The employment index was 49.4%, an increase of 0.3 percentage points from the previous month, indicating that the non-manufacturing employment boom has improved.

In terms of different industries, the construction industry employment index was 53.2%, a decrease of 1.4 percentage points from the previous month; the service industry employment index was 48.7%, an increase of 0.6 percentage points from the previous month.

　　The business activity expectation index was 62.9%, a slight decrease of 0.1 percentage point from the previous month, and continued to be in the high business range, indicating that the confidence of non-manufacturing enterprises remained stable.

In terms of different industries, the construction industry business activity expectation index was 67.1%, down 0.7 percentage points from the previous month; the service industry business activity expectation index was 62.2%, the same as last month.

　In October, the comprehensive PMI output index was 55.3%, an increase of 0.2 percentage points from the previous month, indicating that the production and operation activities of Chinese enterprises continue to accelerate the recovery.