Business sentiment in the Chinese manufacturing industry improved for the first time in three months 11:43 on June 30
China's manufacturing sentiment index improved this month for the first time in three months. However, the index regarding orders from overseas continues to be low, and the spread of new coronavirus infections overseas is an uncertain factor for the economic outlook.
The National Bureau of Statistics of China releases the manufacturing industry PMI=Purchasing Manager Business Confidence Index, which surveys the business sentiment of 3000 manufacturing companies every month.
This month's manufacturing PMI was 50.9, announced on the 30th, rising 0.3 points from the previous month, the first improvement in three months.
China's manufacturing PMI fell to a level well below 50, which marked a milestone in economic decision, in February due to the spread of the new coronavirus infection, but has been above 50 since March. ..
However, the index related to overseas orders announced as a related indicator was 42.6, which improved by more than 7 points from the previous month, but has been below the milestone 50 for the sixth consecutive month.
In some regions, such as Europe and the United States, the infection has spread again, and there is a movement to reconsider economic activity. It is a definite factor.
Meanwhile, the PMI for the non-manufacturing industry announced this month was 54.4, up 0.8 points from the previous month and improving for the fourth consecutive month.