China News Service, December 31. The National Bureau of Statistics released on December 31 the operation of China's purchasing managers index in December 2022. It shows that in December, the manufacturing purchasing managers index (PMI) was 47.0%, a decrease of 1.0 percentage points from the previous month. , lower than the critical point, the production and operation prosperity level of the manufacturing industry has dropped from the previous month.
In terms of enterprise size, the PMIs of large, medium and small enterprises were 48.3%, 46.4% and 44.7% respectively, down 0.8, 1.7 and 0.9 percentage points from the previous month, all lower than the critical point.
In terms of sub-indices, the five sub-indices that make up the manufacturing PMI are all below the critical point.
The production index was 44.6 percent, a decrease of 3.2 percentage points from the previous month, indicating that manufacturing production continued to fall.
The new orders index was 43.9 percent, a decrease of 2.5 percentage points from the previous month, indicating that the manufacturing market demand continued to decrease.
Raw material inventory index was 47.1 percent, an increase of 0.4 percentage points from the previous month, indicating that the decline in the inventory of major raw materials in the manufacturing industry has narrowed.
The employment index was 44.8%, a decrease of 2.6 percentage points from the previous month, indicating that the employment boom of manufacturing enterprises has declined.
The supplier delivery time index was 40.1%, a decrease of 6.6 percentage points from the previous month, indicating that the delivery time of manufacturing raw material suppliers has been extended.
(China New Finance and Economics)