China November manufacturing procurement manager index (PMI)It was 48.0%, a decrease of 1.2 percentage points from the previous month, which was lower than the critical point. The level of manufacturing and operation in the manufacturing industry decreased compared with the previous month.
According to the website of the China Statistics Bureau, affected by multiple factors such as multi -faceted and wide frequency of domestic epidemic, the international environment is more complicated and severe, etc., China's purchasing manager index fell in November.The manufacturing business activity index and the comprehensive PMI output index were 48.0%, 46.7%, and 47.1%, respectively, below 1.2, 2.0, and 1.9 percentage points below the previous month. The level of China's economic prosperity level has declined.
In November, the manufacturing PMI fell to 48.0%, which was lower than the critical point for two consecutive months. The downward pressure of the manufacturing industry increased.Zhao Qinghe, a senior statistician of the China Statistics Bureau's Service Industry Survey Center, said that the first is that the two ends of the demand continued to slow down.In November, the epidemic was adversely affected by the production and operation of some enterprises, the production activities slowed down, and the product order decreased.The production index was 47.8%, a decrease of 1.8 percentage points from the previous month, and continued to be below the critical point; the new order index was 46.4%, a decrease of 1.7 percentage points from the previous month.In the percentage point, the demand for manufacturing production and domestic and foreign markets has fallen.At the same time, the supplier's distribution time index fell to 46.7%. Some surveying companies reported that the situation was affected by factors such as poor logistics transportation and limited production activities of upstream and downstream enterprises.
The second is that the price index has declined.The main raw material purchase price index is 50.7%, which is lower than 2.6 percentage points last month.Fall.From the perspective of industry conditions, due to the low market demand and other factors, oil and coal and other fuel processing, chemical fiber and rubber plastic products, black metal smelting and pressure -delay processing industries mainly produce basic raw materials and other fuel processingLarge; the two price indexes of agricultural and sideline food processing, non -ferrous metal smelting and pressure -delay processing are still above 55.0%.
Third, the PMI of different scale companies falls.PMIs of large, medium and small enterprises are 49.1%, 48.1%, and 45.6%, respectively, a decrease of 1.0, 0.8 and 2.6 percentage points from the previous month, all lower than the critical point.The survey results show that large, medium and small enterprises reflect the increase in funding tensions and insufficient market demand. The proportion of small and small enterprises is 46.0%and 58.8%, respectively, an increase of 0.8 and 1.9 percentage points from the previous month.Enterprise production and operation pressure is greater.
Fourth is the increase in market expectations.The expected index of production and operation activities was 48.9%, which was lower than 3.7 percentage points last month.From the perspective of the industry, the production and operation activities of textiles, chemical raw materials and chemical products, black metal smelting and pressure processing, metal products and other industries are expected to be less than 43.0%, and the corporate confidence is insufficient.
The level of manufacturing in the manufacturing industry has been declined this month, but there are still some industries maintained expansion, of which agricultural and sideline food processing, food and wine and beverage refined tea, medicine, electrical machinery and equipment and other industries are PMI and production and operationThe expected index of the event continues to be located in the prosperity range, market demand has maintained growth, and enterprises are more optimistic about industry development.
In November, the non -manufacturing business activity index was 46.7%, a decrease of 2.0 percentage points from the previous month. It was lower than the critical point for two consecutive months.
Zhao Qinghe's interpretation said that the first is that the level of service industry has fallen.In November, some regions were affected by the epidemic, decreased market activity, and the resumption of service industry resumed.The business activity index fell to 45.1%, which was lower than 1.9 percentage points last month.Among the 21 industries surveyed, 15 are located in the contraction range. Among them, road transportation, aviation transportation, accommodation, catering, cultural and sports entertainment and other contact industry business activities index are less than 38.0%, and the total industry business has fallen significantly.
However, driven by the "Double Eleven" promotional activity, the demand for express delivery has increased significantly, and the postal business activities index rose to 55.4%, which is located in a higher prosperity range; monetary financial services, insurance and other financial industriesBoth are higher than 57.0%, and the total business volume increases rapidly, providing effective support for serving the development of the real economy.From the market expectations, the business activity expectations index is 53.1%, of which wholesale, railway transportation, postal, telecommunications, telecommunications, radio and television and satellite transmission services, Internet software and information technology services, monetary financial services and other industry business activities expected index is located in a higher prosperity range, Enterprises maintain confidence in the development of the industry.
Second, the construction industry continues to be located in a higher prosperity range.The construction industry's business activity index is 55.4%, which is located in a high boom range for 6 consecutive months. The overall construction industry has maintained a faster growth.Among them, the business activity index of civil engineering construction industry was 62.3%, which was 1.5 percentage points higher than last month. The construction progress of the enterprise accelerated.From the market expectations, the business activity expectation index is 59.6%, which is located in a higher prosperity range. Enterprises are generally optimistic about industry development expectations.
The comprehensive PMI output index composed of manufacturing production index and non -manufacturing business activity index also declined.The PMI output index in November was 47.1%, a decrease of 1.9 percentage points from the previous month. It was located in the contraction range for two consecutive months, indicating that the overall production and operation activities of Chinese enterprises continued to slow down.
