The PMI Index Broke Through The Dividing Line Of &Nbsp, And The Textile And Garment Industry Indexes Were All Higher Than 50%.

The China logistics and purchasing Federation released the purchasing managers' index (PMI) of China's manufacturing industry in December 1st. Data show that in November, the index was 49%, down 1.4 percentage points from the ratio in November. This is also the first time that PMI has fallen to less than 50% since March 2009, indicating that the trend of economic growth will continue. According to the sub index, the new order index, production index, new export order index, import index and purchase price index of clothing shoes and hat manufacturing and feather and down products industry are all higher than 50%. Judging by various factors, it is expected that the economic growth rate will still be stable in the future, and the risk of bigger fluctuations is not great.

The new order index fell to less than 50%. The new order index was 47.8%, down 2.7 percentage points from last month. In the 20 industries, 7 industries, such as tobacco products, petroleum processing and coking, clothing and footwear manufacturing, and feather and down products, are over 50%. From the product type, the consumer goods enterprises are higher than 50%; the raw materials and energy, intermediate goods and production enterprises are below 50%.

Production index fell faster. This month's production index was 50.9%, down 1.4 percentage points from last month. In the 20 industries, 11 industries, such as tobacco products, transportation and equipment manufacturing, clothing and footwear manufacturing and feather and down products, are over 50%. In terms of product type, raw materials and energy, intermediate category enterprises are less than 50%, and consumer goods and production enterprises are higher than 50%.

The new export orders index continued to decline. In November, the new export orders index was 45.6%, down 3 percentage points from last month. In the 20 industries, 6 industries, such as wood processing and furniture manufacturing, clothing and footwear manufacturing and feather and down products, were higher than 50%, while the rest of the industries were below 50%.

The import index was 47.3%, a slight increase of 0.3 percentage points from last month. In the 20 industries, 6 industries, such as petroleum processing and coking, clothing and footwear manufacturing and feather and down products, are over 50%, while the rest of the industry is below 50%.

Finished goods inventory index rose. The inventory index of finished goods was 53.1% this month, up 2.8 percentage points from last month. In the 20 industries, 13 industries, such as general equipment manufacturing and textile industry, are over 50%. In terms of product type, raw materials and energy, intermediate goods, consumer goods and manufacturing enterprises are all higher than 50%.

The purchase price index continued to fall. This month's purchase price index was 44.4%, down 1.8 percentage points from last month. In the 20 industries, 5 industries, such as wood processing and furniture manufacturing, tobacco products, clothing and footwear manufacturing and feather and down products, are over 50%. In terms of product type, raw materials and energy, intermediate goods, consumer goods and manufacturing enterprises are all below 50%.