Money is new PMI of Chinese manufacturing industry rose significantly in March to 50.1 but new order

Money is new PMI of Chinese manufacturing industry rose significantly in March to 50.1 but new order index is successive two months of be issued to lower levels

Dispatch of APP of eye of foreign currency weather: Money new medium and Zhou San of research firm Markit are announced, chinese general manufacturing industry purchased handler index March (PMI) picks up significantly to 50.1, regain dilate interval, bearing of indication trade situation is answered basically firm.

Before this this PMI issued defeat considerably Feburary to 40.3, achieve since investigating open in April 2004 lowest. Fell January to 51.1, add fast come for 5 months the weakest.

This index prep above 50 show manufacturing industry activity is outspread, under 50 make clear atrophy.

The report with new money says, the month on photograph comparing spreads for epidemic situation of keep within limits and the whole nation is carried out severe accuse, improved extent it may be said in March driving. Nevertheless, this PMI only line of vicissitude of summary prep above, this is meant manufacturing industry activity improved extent to still be compared in March finite.

Divide an index to show, yield present dilate, but demand still exhausted weak, new order gross is successive two months of be issued to lower levels. A lot of enterprises mirror epidemic situation to last, bring about order to be deferred or cancel. In addition, global each district does his utmost epidemic situation of keep within limits, order of new in March export decreases apparently.

In the meantime, obtain employment data shows contract further with labour, but shrinkage relatively put delay Feburary. Additional, as a result of company reduction in production, produce can pressure surrive, rate of working keep long in stock although relatively on the month puts delay, remarkable still.

Purchase an activity slight pick up, but firm report raw material is in short supply, investment tastes inventory to drop apparently accordingly. Finished product inventory appears rise, but rise slight, reason and epidemic prevention are restricted to bring about goods and materials to carry difficulty to have particular concern all right.

March, supply catenary pressure still nervous, the enterprise mirrors a supplier to produce shortage of can contractive, raw material, bring about investment to taste supply speed on average to drop, fall come to even more 12 years slightly second tall.

Devoted cost drops first after last year August. A lot of industries express, cost drops as abate as global demand about. Devoted price index still prep above produces bade case index, wait for terminal demand because of consumption have not large area restores, be faced with downstream bigger depreciate pressure.

To future a year yield foreground, of manufacturer hopeful degree still be close to 5 years when achieved Feburary to be nodded high. A lot of manufacturers are hopeful anticipate, once epidemic situation improves, demand will pick up.

Money Xin Zhiku macroscopical research is in charge of Monida Dr. Zhong Zhengsheng is commented on say, manufacturing industry bore in March double pressure: It is answer of go back to work is produced still inadequate; Additional, exasperate, home needs to consume demand outside have not large area is started, consequently manufacturing dilate still is compared finite. But entrepreneur confidence still more sufficient, obtain employment inducts the level before restoring epidemic situation basically, this laid good foundation in the fast rehabilitate after epidemic situation to economy.

The official PMI data that releases before this also picks up strong.

Among them, manufacturing industry PMI from Feburary 35.7 pick up strong to 52, and good at anticipating. " wall street daily " of the economist of investigation forecast median 43.

In the meantime, PMI of official blame manufacturing industry is 52.3, than going up the month picks up considerably 22.7 percent.

Nevertheless, national statistic bureau expresses, PMI is annulus comparing index, metabolic extent and on lunar cardinal number has very big concern. Company production managed improvement of the month on circumstance comparing in March, but the actual production that does not mean a business is managed already restored to come the level before epidemic situation.

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