In May, The PMI Of China'S Manufacturing Industry Dropped To 52%&Nbsp, And The Economic Growth Slowed Down.

A report released by the National Bureau of statistics and China logistics and purchasing Federation on 1 May showed that China's manufacturing industry in May Purchase The manager index (PMI) was 52%, down 0.9 percentage points from last month.

"The overall economic growth of China's manufacturing industry is still growing, but the growth rate is slowing down." Report analysis pointed out. Judging from the situation since March 2009, China's manufacturing PMI has been expanding for more than 50% months in a row for 27 consecutive months. From this year's situation, the PMI of manufacturing industry continued to decline slightly except for March.

In May, five sub indices of manufacturing PMI fell. Among them, the production index is 54.9%, down 0.4 percentage points from last month; the new order index is 52.1%, down 1.7 percentage points, to the lowest level since August 2010; the stock index of main raw materials is 49.5%, down 2.5 percentage points, lower than the critical point. At the same time, the purchasing price of main raw materials in manufacturing industry is still at a high level, and the cost of production is still high.

According to the analysis of China Logistics Information Center, from the perspective of manufacturing PMI, the current economic development shows a stable and moderate basic pattern. It is necessary to prevent the demand growth from falling too fast, resulting in insufficient economic growth momentum. Some enterprises reflect not only the pressure of funds but also the price of water, coal, electricity, oil, transportation and main raw materials, and the production and operation of small and medium-sized enterprises is more difficult.

Manufacturing PMI is an internationally accepted macro. Economics One of the leading indicators. Usually, 50% is the cut-off point of the economic strength, which is higher than 50%, reflecting the economic expansion of the manufacturing industry; below 50%, it reflects. Manufacture The economy is in recession.