January Chinese manufacturing PMI was 55.8% of China's economy a good start - Manufacturing, PMI, machinery - Machinery Industry

January Chinese manufacturing PMI was 55.8% of China's economy a good start - Manufacturing

, PMI, machinery - Machinery Industry

January 2010 release of China Federation of Logistics & Purchasing Made in China Sector purchasing managers index was 55.8% in January 2010, China Federation of Logistics and Purchasing (CFLP) China Manufacturing Purchasing Managers Index (PMI) was 55.8%, 0.8 percentage points lower than the month. CFLP China Manufacturing PMI index has been Hong Kong's Li & Fung Group, to establish support. Manufacturing PMI is a composite index, in accordance with international common practice, the five main diffusion-weighted index is made.

PMI index is usually above 50%, reflecting the overall economic expansion; less than 50%, reflecting the recession. From 11 sub-index of view, compared with ibid month, showing the "five down 6 liters." Production index, new orders index, the backlog of orders index, purchasing volume index, fell employees, including the backlog of orders fell more markedly, down 2.5 percentage points; new export orders index, finished goods inventory index, imports index, the purchase price index, raw materials inventory index, index of supplier delivery time has increased, which increases the purchase price index higher, up 1.8 percentage points.

From the index level, the production index, new orders index, purchasing volume index and higher purchasing price index, remained at 60%, particularly in the purchase price index was the highest, approaching 70%. Month 20 industries, only fiber and rubber and plastic products manufacturing, non-ferrous metal smelting and rolling processing industry, non-metallic mineral products industry three industry just under 50% and the remaining 17 sectors were higher than 50%, of which tobacco products industry, beverage industry, Metal Industry for more than 60%.

From the product types, raw materials and energy, intermediate goods, consumer goods and production materials were higher than 50% of the class of enterprises, especially in consumer goods companies for the highest class, close to 60%. Manufacturing PMI for January investigations, special analyst Zhang Liqun of that: "January PMI index to maintain a high level, a slight drop in industrial production continued to rise trend indicates may stabilize; new export orders index continued to increase, indicates that exports may continue to improve the situation; purchase price index continued to increase, would mean that production costs will continue to increase. with the current economic operation, China's economic upward trend is expected to stabilize, exports positive effect on economic growth will increase the cost increased competition and the market may face more severe business environment for the development of.

Overall, our economy is in a stable relationship by the pick-up shift Key Period. "The new orders index fell. Next month new orders index was 59.9%, 1.1 percentage points lower than the month. Sub-industry perspective, 20 industries, only the non-ferrous metal smelting and rolling processing industry, non-metallic mineral products industry below 50%, the rest of the industry were more than 50%, 9 of which 60% of the industry, there are three industry for more than 70%. from the product type of view, consumer goods companies the highest class, more than 60%; raw materials and energy, intermediate goods and production materials not very different class of business, were between 54% -57%. The production index fell slightly. This month the production index of 60.5%, 0.9 percentage points lower than the month. 20 industries, Only non-ferrous metal smelting and rolling processing industry less than 50%, 50% higher than the rest of the industry, in which the tobacco products industry, beverage industry, led by 12 industries for more than 60%, led by two lines more than 70%.

Terms of product type, category of consumer goods companies had the highest 60%; raw materials and energy companies lower, less than 53%. Both import and export index rose. Import index was 53.4% this month, last month increased by 0.9 percentage points. 20 industries, with fabricated metal products, petroleum processing and coking industry, electrical machinery and equipment manufacturing industry, led by 13 higher than 50%, led by three industry for more than 60%. Terms of product type, production type enterprise with less than 50% of manufactured goods; raw materials and energy, intermediate goods and consumer goods companies were higher than 50% of the class. This month the new export orders index was 53.2%, up 0.6 percentage points from last month. 20 industries, wood processing and furniture manufacturing, electrical machinery and equipment manufacturing, clothing manufacturing and fur hats, 14 feather products industry more than 50%, of which five industry for more than 60%. View from the type of product, raw materials and energy companies less than 50%, intermediate goods, consumer goods and production company with more than 50% of manufactured goods category, particularly in consumer goods companies for the highest class, close to 58%. Employees decreased.

Employees this month's index was 50.6%, 1.6 percentage points lower than the month. 20 industries, fabricated metal products, agro-food processing and food manufacturing, beverage manufacturing industry, electrical machinery and equipment manufacturing industry was higher than 50% of 13; general equipment manufacturing, clothing and shoes and fur down and feather products manufacturing industry, chemical materials and chemical products manufacturing industry, less than 50% 7. Purchase price index continued to climb. Purchasing price index for the month was 68.5%, up 1.8 percentage points from last month. Sub-industry perspective, 20 more than 50% of all industries, including more than 60% of the 15 sectors, 6 up to 80% of the industry. Sub-regional perspective, East, Central and Western remain high, both at 70%. Terms of product type, and intermediate raw materials and energy companies the highest category, over 70%; consumer goods and production type of enterprise products lower, but also in more than 60%.

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