国家统计局发布9月重要数据

Core Insights - The manufacturing Purchasing Managers' Index (PMI) for September is reported at 49.8%, an increase of 0.4 percentage points from the previous month, indicating continued improvement in manufacturing activity [1][6][7] Manufacturing Activity - The production index reached 51.9%, up 1.1 percentage points, marking a six-month high, suggesting active manufacturing production [6][7] - The new orders index is at 49.7%, a slight increase of 0.2 percentage points, indicating a modest improvement in market demand [6][7] - Large enterprises reported a PMI of 51.0%, while medium and small enterprises reported PMIs of 48.8% and 48.2%, respectively, indicating varying levels of activity across different enterprise sizes [6] Sector Performance - Key sectors such as equipment manufacturing, high-tech manufacturing, and consumer goods showed PMIs of 51.9%, 51.6%, and 50.6%, respectively, all above the manufacturing average, indicating robust activity [9] - The consumer goods sector has returned above the threshold line, reaching its highest level this year [2][9] Inventory and Pricing - The raw materials inventory index is at 48.5%, up 0.5 percentage points, indicating a continued reduction in inventory levels, albeit at a slower pace [10] - The purchasing price index for raw materials is at 53.2%, down 0.1 percentage points, while the factory price index is at 48.2%, down 0.9 percentage points, suggesting a narrowing profit margin for manufacturers [9][10] Business Confidence - The production and business activity expectations index has risen for three consecutive months, now at 54.1%, indicating improved confidence among manufacturers regarding market conditions [10]