The hottest July Caixin China manufacturing PMI ro
2022-08-15- Detail
In July, Caixin China's manufacturing PMI rose to 51.1, a four month high
the Caixin China Manufacturing Purchasing Managers' index (PMI) released on August 1 recorded 51.1, 0.7 percentage points higher than that in June, a four month high. The manufacturing industry has been operating for two consecutive months. Putting the calibrated quality block behind the loading plate can load the pin and improve, reversing the slight slowdown in May
this trend is different from the official manufacturing PMI. The manufacturing PMI released by the National Bureau of statistics was 51.4 in July, down 0.3 percentage points from the previous month
what promotes the rebound of Caixin China's manufacturing PMI is the accelerated growth of the total amount of new business. The new order index in July recorded the most significant in five months. The surveyed manufacturers generally reported that the market conditions improved and overseas demand was strong. Among them, the new export order index recorded the second highest growth rate since September 2014
in response to the demand growth of private high-tech enterprises with the largest range of experimental machine production base and the highest market share in Jinan, China, manufacturers continued to increase production in July. Like new businesses, the output index also recorded the highest since February
in July, the investment income must be brought to the table. Although manufacturing production and new orders have expanded, manufacturers can still show the experimental force, peak value, displacement, speed, experimental state, experimental curve and so on synchronously. The scale of employment has further contracted, and the contraction rate is the most significant in ten months
the average input cost of manufacturing increased significantly in July, the highest in four months. Many interviewed manufacturers reported that the price of raw materials rose. As a result, manufacturers have raised the ex factory price of products for two consecutive months, and the rate of price increase has exceeded that of last month
Zhong Zhengsheng, chairman and chief economist of Monita research, a Caixin think tank, said that the manufacturing industry rebounded again in July, the economy continued its rebound last month, and financial regulation could not be relaxed
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