China's manufacturing purchasing managers index was 52.0% in May
The China Federation of Logistics and Purchasing (CFLP) today released the China Manufacturing Purchasing Managers Index (PMI) in May. May's PMI was 52.0%, down 0.9% from the previous quarter, and the index continued to stay above 50%. According to CFLP, from the sub-indexes, they all fell to varying degrees. Among them, the new orders index, backlog order index, purchase price index, and raw materials inventory index fell more than noticeably, falling by more than 1 percentage point, and the purchase price index fell the most, reaching 5.9 percentage points. CFLP In the 20 industries this month, 14 industries including electrical machinery and equipment manufacturing, petroleum processing, and coking industries reached over 50%; pharmaceutical manufacturing industry accounted for 50%; chemical fiber manufacturing, rubber and plastic products, and transportation equipment manufacturing. 5 Less than 50% of industries. In terms of sub-regions, the eastern and western regions are higher than 50%; the central regions are slightly below 50%. In terms of product types, raw materials and energy, intermediate goods, and consumer goods are higher than 50%, and finished products are less than 50%. The new orders index fell. The new orders index for the month was 52.1%, down 1.7 percentage points from the previous month. Among the 20 industries, 13 industries such as petroleum processing and coking, electrical machinery and equipment manufacturing reach more than 50%, and 7 industries, such as metal products and special equipment manufacturing, are less than 50%. From the regional perspective, the eastern and central regions are higher than 50%; the western regions are below 50%, which is 48.5%. In terms of product types, raw materials and energy, intermediate goods and consumer goods are higher than 50%; production of finished goods is lower than 50%. The production index fell slightly. The production index for the month was 54.9%, down 0.4% from the previous month. Among the 20 industries, 6 industries, including special equipment manufacturing, chemical fiber manufacturing and rubber and plastics products, are below 50%; the remaining 14 industries are over 50%, including petroleum processing and coking, electrical machinery and equipment manufacturing, etc. 6 The industry reached more than 60%. In terms of sub-regions, the eastern and western regions are higher than 50%; the central regions are slightly below 50%. In terms of product types, raw material and energy, intermediate goods and consumer goods are higher than 50%, and finished products are less than 50%. The import index and new export order index remained stable. The monthly import index was 50.5%, down 0.1% from the previous month. Among the 20 industries, beverages manufacturing, paper printing, cultural and educational sporting goods manufacturing, petroleum processing and coking industries are higher than 50% in 12 industries; textiles, non-metallic mineral products, transportation equipment manufacturing and other 8 industries Less than 50%. The new export order index for this month was 51.1%, down 0.2 percentage points from the previous month. Of the 20 industries, 12 industries, including wood processing and furniture manufacturing, electrical machinery and equipment manufacturing, were higher than 50%. Beauty Products Making Machine Beauty Products Making Machine,High Quality Beauty Products Making Machine,Beauty Products Making Machine Details, CN KYD Automatic Mask Machine Factory , https://www.kydultrasonic.com