9月制造业PMI为49.8% 比上月上升0.4个百分点

Group 1: Manufacturing PMI Overview - The manufacturing Purchasing Managers' Index (PMI) for September is 49.8%, an increase of 0.4 percentage points from the previous month, indicating continued improvement in manufacturing sentiment [1] - Large enterprises have a PMI of 51.0%, up 0.2 percentage points, indicating expansion; medium enterprises have a PMI of 48.8%, down 0.1 percentage points; small enterprises have a PMI of 48.2%, up 1.6 percentage points, but still below the critical point [4] - The production index is at 51.9%, up 1.1 percentage points, indicating accelerated production expansion; the new orders index is at 49.7%, up 0.2 percentage points, showing improved market demand; the raw materials inventory index is at 48.5%, up 0.5 percentage points, indicating a narrowing decline in inventory [4] Group 2: Non-Manufacturing PMI Overview - The non-manufacturing business activity index is at 50.0%, down 0.3 percentage points from the previous month, indicating overall stability in non-manufacturing business volume [5] - The construction business activity index is at 49.3%, up 0.2 percentage points; the service industry business activity index is at 50.1%, down 0.4 percentage points, with certain sectors like postal and financial services above 60.0%, while sectors like catering and real estate are below the critical point [7] - The new orders index for non-manufacturing is at 46.0%, down 0.6 percentage points, indicating a decline in market demand; the input prices index is at 49.0%, down 1.3 percentage points, showing a decrease in input prices [13] Group 3: Comprehensive PMI Overview - The comprehensive PMI output index is at 50.6%, up 0.1 percentage points from the previous month, indicating continued expansion in production and business activities across enterprises [15]