In August 2009, the five sub-indices that make up the manufacturing PMI rose four times.
The production index was 57.9%, which was 0.6 percentage points higher than that of the previous month. The increase was higher than the previous two months, and it was placed above the critical point for seven consecutive months, indicating that the production of manufacturing enterprises recovered month by month, and the production volume continued to rise. . In terms of industry, most industry production indexes are above the critical point, including beverage manufacturing, non-ferrous metal smelting and rolling processing, ferrous metal smelting and rolling processing, agricultural and sideline food processing and food manufacturing, communications equipment computers and others. The production volume of industries such as electronic equipment manufacturing is growing rapidly.
The new order index was 56.3%, up 0.8 percentage points from the previous month. It has been above the critical point for seven consecutive months, and the number of new orders of enterprises continued to rise. By industry, the new orders index for beverage manufacturing, tobacco products, general equipment manufacturing, communications equipment computers and other electronic equipment manufacturing, agricultural and sideline food processing and food manufacturing, and ferrous metal smelting and rolling processing industries are all 60. %the above. The survey showed that the export order index was 52.1%, which was the same as last month. The index was above the critical point for four consecutive months, indicating that new manufacturing export orders continued to grow.
The main raw material inventory index was 48.8%, still below the critical point, indicating that the raw materials inventory of manufacturing enterprises continued to decrease.
The employee index was 51.4%, up 0.6 percentage points from the previous month, and was placed above the critical point for three consecutive months, indicating that the demand for manufacturing labor continues to increase. From the perspective of the industry, the non-metallic mineral products industry, beverage manufacturing, wood processing, wood rattan and palm products and furniture manufacturing, agricultural and sideline food processing and food manufacturing, petroleum processing and coking processing industries, etc. The degree of increase in the papermaking and printing industry, non-ferrous metal smelting and rolling processing industries decreased compared with the previous month.
The supplier's delivery time index was 50.4%, which was close to the critical point, indicating that the manufacturing raw material supplier's delivery time did not change much compared with the previous month.
According to the survey, the price index of major raw materials purchased this month climbed to 62.6%, the highest point since August last year, indicating that raw material prices in the manufacturing industry have risen sharply, and the cost of purchasing enterprises has increased. Due to factors such as shortage of funds and tight transportation capacity, some of them have been affected. The difficulty of production and operation of enterprises has increased.
Note: Purchasing Manager's Index
The Purchasing Manager's Index is a comprehensive index. According to the internationally accepted practice, the five diffusion indices, namely the new order index (order), the production index (production), the employee index (employee), The supplier's delivery time index (referred to as distribution) and the main raw material inventory index (referred to as inventory) are weighted.
The formula for calculating the PMI index is as follows: PMI = order × 30% + production × 25% + employee × 20% + distribution × 15% + inventory × 10%
The Purchasing Managers' Index is expressed as a percentage, often with 50% as the cut-off point for economic strength: when the index is above 50%, it is interpreted as a signal of economic expansion. When the index is below 50%, especially close to 40%, there is a worry of economic depression.
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