Group 1: Manufacturing Sector - The manufacturing PMI for August is reported at 49.4%, showing a slight increase of 0.1 percentage points from July, indicating an improvement in manufacturing sentiment [3][4] - The production index stands at 50.8%, up 0.3 percentage points from the previous month, marking an acceleration in manufacturing production [3][4] - The new orders index is at 49.5%, reflecting a 0.1 percentage point increase, suggesting a gradual recovery in demand [3][4] - Large enterprises show a PMI of 50.8%, up 0.5 percentage points, indicating sustained expansion, while small enterprises have a PMI of 46.6%, showing some improvement [4] - The price indices for major raw materials and factory prices are at 53.3% and 49.1%, respectively, both increasing from July, indicating a general improvement in market prices [3] Group 2: Non-Manufacturing Sector - The non-manufacturing business activity index is at 50.3%, with a new orders index of 46.6%, which is a 0.9 percentage point increase from the previous month [5][6] - The service sector's business activity index has risen to 50.5%, marking a 0.5 percentage point increase and reaching a yearly high [6][7] - The construction sector's business activity index has decreased to 49.1%, down 1.5 percentage points due to adverse weather conditions [6] Group 3: Economic Outlook - The overall economic sentiment remains positive, with the composite PMI output index indicating continued expansion, driven by both manufacturing and non-manufacturing sectors [7] - Market expectations are improving, with the production and business activity expectation indices for manufacturing and services at 53.7% and 57%, respectively, suggesting optimism among enterprises [4][6]
三大指数齐回升 经济景气水平继续改善
Bei Jing Shang Bao·2025-08-31 15:55