The manufacturing PMI in July was 49%

Xinhua News Agency, Beijing, July 31 (Reporter Zou Duowei, Wei Yukun) The Service Industry Survey Center of the National Bureau of Statistics and China Logistics and Procurement Federation released data on July 31. In July, China Manufacturing Purchasing Manager Index (PMI) was 49%, a decrease of 1.2 percentage points from the previous month, located below the critical point.

"In July, affected by factors such as the low season of traditional production, the lack of release of market demand, and the decline in high energy -consuming industries, the manufacturing PMI dropped to 49%." Said Zhao Qinghe, a senior statistician of the Service Industry Survey Center of the National Bureau of Statistics.

Statistics show that some industries have maintained recovery trend. In July, 10 of the 21 industries surveyed, 10 industries were located in the expansion range. Among them, PMIs such as agricultural and sideline food processing, food and wine and beverages refined tea, special equipment, automobiles, railway ships, aerospace equipment and other industries were higher than 52%. It has maintained expansion for two consecutive months, and production needs to recover. PMI, such as textiles, petroleum coal and other fuel processing, black metal smelting and pressure -delay processing, continues to be located in the contraction range, which is significantly lower than the overall level of manufacturing. It is one of the main factors of PMI falling this month.

The price index fell significantly. In July, affected by factors such as the price fluctuations of international commodity prices such as oil, coal, and iron ore, the purchase price index and the factory price index of the main raw materials were 40.4%and 40.1%, respectively, a decrease of 11.6 and 6.2 percentage points from the previous month.

The expected index of production and operation activities is located in the expansion range. Zhao Qinghe analyzed that the internal and external environment of my country's economic development has become more complicated and severe in the recent economic development. The production and operation of enterprises has continued to pressure, and the market expects to be affected to some extent. The expected index of production and operation activities in July was 52%, which was 3.2 percentage points decreased from the previous month. Expansion range.

The manufacturing supply and demand in July fell after the rapid release of the manufacturing industry. The production index and the new order index were 49.8%and 48.5%, respectively, down 3 and 1.9 percentage points from the previous month, both in the contraction range. Zhao Qinghe said that the results of the survey showed that the proportion of enterprises that reflect the insufficient market demand increased for 4 consecutive months, and exceeded 50 % of this month. Insufficient market demand is the main difficulty facing the current manufacturing enterprises. The foundation of manufacturing development needs to be stable.

[Editor in charge: Shi Ge]

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