China’s manufacturing PMI was 50.6 in May, down 0.2% from April

Today, the National Bureau of Statistics released PMI data in May, showing that China’s manufacturing purchasing managers index (PMI) was 50.6%, down 0.2 percentage points from last month.

Today, the National Bureau of Statistics released May PMI data showing that China’s manufacturing purchasing managers index (PMI) was 50.6%, down 0.2 percentage points from last month.

In May, the non-manufacturing business activity index was 53.6%, an increase of 0.4 percentage points from the previous month.

In terms of enterprise size, the PMI of large enterprises is 51.6%, an increase of 0.5 percentage points from the previous month.

The PMI of small and medium-sized enterprises was 48.8% and 50.8% respectively, down 1.4 and 0.2 percentage points from last month.

In May, the comprehensive PMI output index was 53.4%, which was the same as last month, indicating that the production and operation of Chinese enterprises have steadily improved.

http://www.stats.gov.cn/tjsj/zxfb/202005/t20200529_1753225.html

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/05/31/china-s-manufacturing-pmi-was-50-6-in-may-down-0-2-from-april/.

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