According to the latest data released by China Federation of Logistics & Purchasing (CFLP) and NBS, the Purchasing Managers’ Index (PMI) of manufacturing industry was 49.4% in August, 0.4 percentage points lower than that in July.
New order index (NOI) was 49.2% in August, 0.7 percentage points higher than that in July. Production index maintained same at 49.8% in July. Stock index of raw materials was 48.0%, 0.1 percentage points higher than Jul;y.
The PMI of steel industry was 46.1% in August, 13.1 percentage points higher than that in July. New order index was 43.1% in August, 17.2 percentage points higher than that in July. Production index increased by 21.3 percentage points to 47.4%. Stock index of raw materials was 40.4%, 12.2 percentage points higher than that in July. The stock index of steel products decreased by 1.1 points to 31.9%.
Post time: Sep-05-2022
