China December manufacturing procurement manager index (PMI)The recorded 49.0, a decrease of 0.4 percentage points from last month, for the third consecutive month.
China National Bureau of Statistics announced the above data on Sunday (December 31).In December, the manufacturing PMI 49.0 was lower than 50 as a strong and weak boundary line, showing that the economy was shrinking; this number was also lower than the medium value predicted in the Reuters survey of 49.5.
From the perspective of the enterprise scale, the large enterprise PMI is 50.0, a decrease of 0.5 percentage points from the last month.A percentage point is lower than the critical point.
In addition, the new order index is 48.7%, a decrease of 0.7 percentage points from the previous month, and it is also the third consecutive month of contraction, indicating that the demand for the manufacturing market has declined.
Reuters quoted Huabao Trust Economist Nie Wen analyzed: "We must increase policy support, otherwise the growth of growth will continue." Nie Wen predicts that the People's Bank of China will beReduce interest rates and bank deposit reserve ratios.
Nie Wen said: "Prices have greatly affected corporate profits and further affect people's employment and income. We may see a vicious circle."
China November NovemberThe consumer price index fell for the second month in a row, the largest decline in three years.
