NBSC: China's manufacturing PMI records 51.1% in Jul
2020-07-31 17:26:36 [Print]
China's manufacturing purchasing managers' index (PMI) rose by 0.2 percentage point from the previous month to 51.1% in July, above the threshold for five successive months, according to the National Bureau of Statistics of China (NBSC).
In terms of enterprise scale, the PMI of large enterprises was 52.0 percent, slightly down by 0.1 percentage point over last month; that of medium enterprises posted 51.2 percent, up by 1.0 percentage point over last month; that of small enterprises was 48.6 percent, fell 0.3 percentage point over last month.
According to the classification index, the five sub-indices composing PMI, the production index, new orders index, and supplier distribution time index were all above the threshold, while raw materials inventory index and employment index stayed below the threshold.
In terms of enterprise scale, the PMI of large enterprises was 52.0 percent, slightly down by 0.1 percentage point over last month; that of medium enterprises posted 51.2 percent, up by 1.0 percentage point over last month; that of small enterprises was 48.6 percent, fell 0.3 percentage point over last month.
According to the classification index, the five sub-indices composing PMI, the production index, new orders index, and supplier distribution time index were all above the threshold, while raw materials inventory index and employment index stayed below the threshold.
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