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National Bureau of Statistics, China Federation of Logistics and Purchasing released data 1, in September China Manufacturing Purchasing Managers Index (PMI) was 51.2%, last month rose 0.3 percentage points.
Manufacturing PMI is the international macroeconomic important leading indicators. After the previous four consecutive months of decline, China's manufacturing PMI rebounded the last two months straight, showing that China's economic development and further enhance the stabilization of situation.
September manufacturing PMI from the sub-index of view, the purchase price index, index of supplier delivery time down, the rest of the index were up, but most of the recovery to a lesser extent, only the new export orders index, the backlog of orders index, finished goods inventory index rose by more than 1 percentage point. Month of the purchase price index fell 0.6 percent last month, show upward pressure on prices eased.
China Logistics Information Center analysis, the overall economic development of the current domestic situation is good, but focus on the following three areas: strengthening the foundation of domestic demand growth, attention to the plight of small business development, results continue to consolidate control of inflation.
Manufacturing PMI is usually 50% as the critical point, above 50% reflects the manufacturing economy is expanding; less than 50%, reflects the manufacturing recession. (Liu Zheng)
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