China's manufacturing PMI edges down to 49.5% in Aug
2019-09-02 17:31:07 [Print]
According to statistics released by China's National Bureau of Statistics on August 31, China's manufacturing PMI reached 49.5% in August 2019, down by 0.2% from last month.
From the size of enterprises, PMI for large sized enterprises was 50.4%, down by 0.3% MOM, but still in the expanding range; that for medium sized was 48.2%, down by 0.5% MOM and below the tipping point; that for small sized was 48.6%, up by 0.4% MOM and below the tipping point.
For the sub-indexes, among all of the five sub-indexes which PMI contains, production index and suppliers' delivery time index were higher than the tipping point; new orders index, raw material inventory index and employee index were lower than the topping point.
From the size of enterprises, PMI for large sized enterprises was 50.4%, down by 0.3% MOM, but still in the expanding range; that for medium sized was 48.2%, down by 0.5% MOM and below the tipping point; that for small sized was 48.6%, up by 0.4% MOM and below the tipping point.
For the sub-indexes, among all of the five sub-indexes which PMI contains, production index and suppliers' delivery time index were higher than the tipping point; new orders index, raw material inventory index and employee index were lower than the topping point.
