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2025年9月中国采购经理指数为49.8%
Guo Jia Tong Ji Ju·2025-09-30 05:00

Group 1: Manufacturing PMI Overview - In September, the Manufacturing Purchasing Managers' Index (PMI) was 49.8%, an increase of 0.4 percentage points from the previous month, indicating continued improvement in manufacturing sentiment [1] - Large enterprises had a PMI of 51.0%, up 0.2 percentage points, while medium-sized enterprises' PMI was 48.8%, down 0.1 percentage points, and small enterprises' PMI was 48.2%, up 1.6 percentage points [1] - The production index was 51.9%, an increase of 1.1 percentage points, indicating accelerated production expansion in the manufacturing sector [1][2] Group 2: Non-Manufacturing PMI Overview - In September, the Non-Manufacturing Business Activity Index was 50.0%, a decrease of 0.3 percentage points, indicating overall stability in non-manufacturing business volume [3] - The construction industry Business Activity Index was 49.3%, up 0.2 percentage points, while the service industry index was 50.1%, down 0.4 percentage points [3] - The new orders index was 46.0%, down 0.6 percentage points, indicating a decline in market demand in the non-manufacturing sector [3][4] Group 3: Price Indices in Non-Manufacturing - The input price index was 49.0%, down 1.3 percentage points, indicating a decrease in the overall price level of inputs for non-manufacturing enterprises [3][4] - The sales price index was 47.3%, down 1.3 percentage points, indicating a continued decline in the overall sales price level in the non-manufacturing sector [4] Group 4: Employment and Expectations in Non-Manufacturing - The employment index was 45.0%, down 0.6 percentage points, indicating a decline in employment sentiment in the non-manufacturing sector [4] - The business activity expectations index was 55.7%, down 0.5 percentage points, but still indicates optimism among most non-manufacturing enterprises regarding market development [4] Group 5: Comprehensive PMI Output Index - In September, the Comprehensive PMI Output Index was 50.6%, an increase of 0.1 percentage points, indicating that production and operational activities of enterprises continued to expand [6]