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The National Manufacturing Purchasing Managers Index in February was 52.0%

by:Ennas      2021-11-16

In February 2010, the National Manufacturing Purchasing Manager Index (PMI) was 52.0%, 3.8 percentage points lower than the previous month. The index has been at the critical point for twelve consecutive months-above 50%, indicating that the overall manufacturing economy has maintained a growth trend, but the growth rate has slowed. In February 2010, the five sub-indices that make up the manufacturing PMI all declined to varying degrees.   The production index was 54.3%, a decrease of 6.2 percentage points from the previous month. It has been above the threshold for 13 consecutive months, indicating that the manufacturing output continues to grow, but the growth rate has slowed down. From the perspective of the industry, the production of ferrous metal smelting and rolling processing industry, special equipment and instrumentation, cultural office machinery manufacturing, general equipment manufacturing and other industries are growing month-on-month; tobacco products industry, petroleum processing and coking industry, textile industry The production volume of industries such as, metal products and other industries has fallen from last month.   The new orders index was 53.7%, which was 6.2 percentage points lower than last month, and continued to be above the threshold, indicating that the number of new orders in the manufacturing industry has been on the rise for 13 consecutive months, but the rate of increase has narrowed. In terms of different industries, the number of new orders in non-ferrous metal smelting and rolling processing industry, general equipment manufacturing, special equipment and instrumentation, cultural office machinery manufacturing, beverage manufacturing and other industries continued to increase; tobacco products, wood processing, wood, rattan, palm grass, etc. The market demand of products and furniture manufacturing, textile industry, petroleum processing and coking industry, papermaking and printing industry, chemical fiber manufacturing and rubber products industry has declined. The survey showed that the export order index was 50.3%, falling back to near the critical point.  The main raw material inventory index was 48.1%, 4.1 percentage points lower than last month, and fell below the threshold, indicating that manufacturing companies’ main raw material inventories decreased month-on-month. From the perspective of the industry, the main raw material inventories of the papermaking and printing industry, wood processing, wood, rattan, palm and grass products and furniture manufacturing, metal products, ferrous metal smelting and rolling processing, agricultural and sideline food processing and food manufacturing industries are more obvious than last month. reduce.   The employment index was 49.9%, which was 0.7 percentage points lower than last month, and fell below the critical point, indicating that the labor demand in the manufacturing industry was slightly lower than last month. From the perspective of the industry, the labor employment of enterprises in the textile industry, communication equipment, computer and other electronic equipment manufacturing, general equipment manufacturing and other industries has dropped significantly.  The supplier delivery time index is 49.7%, which is below the critical point, indicating that the delivery time of manufacturing raw material suppliers is slightly slower than last month.   The survey showed that the purchase price index of major raw materials was 61.1%, which was 7.4 percentage points lower than last month, indicating that the purchasing prices of major raw materials in the manufacturing industry are on the rise, but the rise has slowed down. In terms of different industries, the purchasing prices of major raw materials in industries such as chemical fiber manufacturing and rubber products, chemical raw materials and chemical products manufacturing, and ferrous metal smelting and rolling processing industries have seen an obvious upward trend. The survey also showed that the tight railway transportation and insufficient coal and electricity supply during the Spring Festival had a certain impact on the production and operation of enterprises. National Manufacturing PMI Index (seasonally adjusted) Unit:% February 2010 January 2010 PMI 52.055.8 production 54.360.5 new orders 53.759.9 main raw material inventory 48.152.2 employees 49.950.6 supplier distribution 49.751.0 Source: China Statistics Information Network
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