|Chinese manufacturing PMI in June is another new high for the year-- 51%|
Chinese manufacturing PMI in June is another new high for the year-- 51%
June 2014, China's manufacturing purchasing managers index (PMI) was 51.0 percent, up 0.2 percentage point rise for four consecutive months, indicating that manufacturing continued good momentum of steady growth.
Of enterprise scale, large enterprises PMI was 51.5 percent, up 0.6 percentage points, continue to be located above the critical point; midsize PMI was 51.1%, slightly down 0.3 percentage points from the previous month, the third consecutive month above the critical point is located ; small Business PMI was 48.4%, down 0.4 percentage points, continue to be located below the critical point.
June 2014, the overall recovery of each sub-index. In constituting the manufacturing PMI's five sub-indices, the new orders index rose the most, is the PMI rising accelerator, producing the highest index, is running smoothly PMI stabilizer.
The new orders index was 52.8 percent, up 0.5 percentage points since last October highs. The new export orders index was 50.3 percent, up 1.0 percentage points, back above the critical point.