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10月份中国制造业采购经理指数为49%
Yang Shi Wang·2025-10-31 02:01

Manufacturing PMI Overview - In October, China's Manufacturing Purchasing Managers' Index (PMI) was 49.0%, a decrease of 0.8 percentage points from the previous month, indicating a decline in manufacturing activity [1] - The PMI for large, medium, and small enterprises was 49.9%, 48.7%, and 47.1% respectively, all below the critical point [4] Sub-indices of Manufacturing PMI - The production index was 49.7%, down 2.2 percentage points, indicating a slowdown in manufacturing production [5] - The new orders index was 48.8%, a decrease of 0.9 percentage points, suggesting a decline in market demand [6] - The raw materials inventory index was 47.3%, down 1.2 percentage points, indicating a continued reduction in inventory levels [6] - The employment index was 48.3%, a slight decrease of 0.2 percentage points, reflecting a minor decline in employment conditions [7] - The supplier delivery time index was at 50.0%, down 0.8 percentage points, indicating stable delivery times compared to the previous month [8] Non-Manufacturing PMI Overview - In October, the non-manufacturing business activity index was 50.1%, an increase of 0.1 percentage points, indicating expansion [9] - The construction industry business activity index was 49.1%, down 0.2 percentage points, while the services industry index was 50.2%, up 0.1 percentage points [9] Non-Manufacturing Sub-indices - The new orders index for non-manufacturing was 46.0%, unchanged from the previous month, indicating weak market demand [9] - The input prices index was 49.4%, up 0.4 percentage points, suggesting a narrowing decline in input prices [9] - The sales prices index was 47.8%, an increase of 0.5 percentage points, still below the critical point, indicating lower sales prices overall [10] - The employment index for non-manufacturing was 45.2%, up 0.2 percentage points, indicating slight improvement in employment conditions [10] - The business activity expectation index was 56.1%, up 0.4 percentage points, reflecting optimism among non-manufacturing enterprises regarding market prospects [10] Comprehensive PMI Overview - The comprehensive PMI output index was 50.0%, a decrease of 0.6 percentage points, indicating overall stability in production and business activities [11]