China's manufacturing PMI returns to expansion range in Nov
2019-12-03 16:41:25 [Print]
According to data released by National Bureau of Statistics and China Federation of Logistics & Purchasing on November 30, 2019, China's manufacturing PMI was 50.2% in November, up by 0.9% MOM, returning to the expansion range after being below the critical point for six consecutive months.
In terms of enterprise size, the PMI of large enterprises was 50.9%, up by 1% MOM; the PMI of medium-sized enterprises was 49.5%, up by 0.5% MOM; and the PMI of small enterprises was 49.4%, up by 1.5% MOM.
From the sub-indexes, among the five sub-indexes that make up the manufacturing PMI, the production index, new orders index and supplier delivery time index were higher than the critical point, while the raw material inventory index and employee index were lower than the critical point.
In terms of enterprise size, the PMI of large enterprises was 50.9%, up by 1% MOM; the PMI of medium-sized enterprises was 49.5%, up by 0.5% MOM; and the PMI of small enterprises was 49.4%, up by 1.5% MOM.
From the sub-indexes, among the five sub-indexes that make up the manufacturing PMI, the production index, new orders index and supplier delivery time index were higher than the critical point, while the raw material inventory index and employee index were lower than the critical point.
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