The hottest PMI rose continuously. In May, China's

2022-10-15
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PMI continued to rise in May, China's economic recovery entered a stable channel

PMI continued to rise in May, China's economic recovery entered a stable channel

China Construction machinery information

Guide: for example, the data China Federation of logistics and purchasing announced on the 1st that the manufacturing purchasing manager index in April (PM, but this multifunctional performance source has no report on ceramics and ceramic matrix composite structure I) was 53.5%, up 1.1 percentage points from the previous month, This is the fifth consecutive month that the index has risen. Relevant experts said that the continuous rebound of PMI shows that China's economic recovery has entered a stable channel, and the order index is good

the purchasing managers' index (PMI) of the manufacturing industry in April released by the China Federation of logistics and purchasing on the 1st was 53.5%, up 1.1 percentage points from the previous month, which is the fifth consecutive month that the index has increased. Relevant experts said that the continuous rebound of PMI showed that China's economic recovery has entered a stable channel, and the good performance of the order index indicates that the economic recovery in the second quarter may accelerate

according to the data released by the China Association of logistics and purchasing on the 3rd, China's non manufacturing business activity index in April was 59.0%, up 3.3 percentage points from the previous month and down 3.9 percentage points from the same period last year, continuing to maintain the recovery trend

data show that in the PMI index system in April, the finished product inventory index, raw material inventory index and delivery time index of high-precision spring testers decreased, while the other indexes remained rising, but the increase narrowed, mostly within 2 percentage points. Among them, the production index and the new order index increased by 0.5 and 2.0 percentage points respectively, maintaining above 50% for three consecutive months; The purchase price index rose by 3.0 percentage points; The employment index rose by 1.7 percentage points, exceeding 50% for the first time since last October

Zhang Liqun, a researcher from the Macroeconomic Research Department of the development research center of the State Council, said that China's industrial growth rate in March increased from 3.8% in March to 8.3%, which showed that the economic recovery trend reflected by the PMI index after December was correct. The PMI index earlier predicted the emergence of the economic inflection point and is becoming an important leading indicator to observe the economic trend

data showed that the new order index in April was 56.6%, up 2.0 percentage points from the previous month, and remained above 50% for three consecutive months

"the new order index in the PMI sub index is of leading significance, because orders are the source of enterprise survival and expansion of production, and provide a continuous driving force for enterprise development. The new order index continues to rebound, and the rebound in April is large, indicating that the economic recovery will accelerate in the second quarter." Dongxian'an, chief Macro Analyst of Southwest Securities, said

in addition, the new export order index in April was 49.1%, up 1.6 percentage points from the previous month, approaching the 50% dividing line. Dong Xian'an believes that new export orders reached the lowest point of 29% in November last year, and now rebounded to a height close to the dividing line, which is also a positive signal for China's exports

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