Abstract In June 2016, the China Manufacturing Purchasing Managers Index (PMI) was 50.0%, a slight decrease of 0.1 percentage points from the previous month, at a critical point. In terms of the size of the enterprise, the PMI of large enterprises was 51.0%, which was 0.7 percentage points higher than that of the previous month.
In June 2016, the China Manufacturing Purchasing Managers Index (PMI) was 50.0%, a slight decrease of 0.1 percentage points from the previous month, at a critical point. In terms of enterprise scale, the PMI of large enterprises was 51.0%, up 0.7 percentage points from the previous month and continued to be above the critical point; the medium-sized enterprises PMI was 49.1%, down 1.4 percentage points from the previous month and falling below the critical point; small business PMI It was 47.4%, down 1.2 percentage points from the previous month and continued to be below the critical point.
From the classification index, among the five sub-indices that constitute the manufacturing PMI, the production index, the new order index, and the supplier delivery time index are above the critical point, and the employee index and the raw material inventory index are below the critical point.
The production index was 52.5%, up 0.2 percentage points from the previous month and above the critical point, indicating that manufacturing production maintained steady growth.
The new order index was 50.5%, although it fell 0.2 percentage points from the previous month, but it was stable above the critical point for four consecutive months, indicating that the manufacturing market demand continued to expand, and the growth rate slowed slightly.
The employee index was 47.9%, down 0.3 percentage points from the previous month and still in the contraction interval, indicating that the manufacturing industry's employment continued to decrease.
The raw material inventory index was 47.0%, down 0.6 percentage points from the previous month, below the critical point, indicating that the decline in the main raw material inventory of the manufacturing industry has increased.
The supplier's delivery time index was 50.7%, up 0.3 percentage points from the previous month, above the critical point, indicating that the lead time of manufacturing raw material suppliers continued to accelerate.
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