Core Viewpoint - In October, the manufacturing Purchasing Managers' Index (PMI) decreased to 49.0%, reflecting a decline influenced by pre-holiday demand release and a complex international environment [1][2]. Group 1: PMI and Production Indices - The production index and new orders index for October were reported at 49.7% and 48.8%, respectively, showing declines of 2.2 and 0.9 percentage points from the previous month [1]. - The PMI for large, medium, and small enterprises was recorded at 49.9%, 48.7%, and 47.1%, indicating decreases of 1.1, 0.1, and 1.1 percentage points, respectively [1]. - Large enterprises maintained production and new orders indices at 50.9% and 50.1%, remaining in the expansion zone for six consecutive months [1]. Group 2: Industry Performance - Three key industries—high-tech manufacturing, equipment manufacturing, and consumer goods—sustained expansion with PMIs of 50.5%, 50.2%, and 50.1%, respectively [1]. - The production activity expectation index stood at 52.8%, indicating a continued optimistic outlook among most manufacturing enterprises [1]. Group 3: Market Dynamics - The construction of a unified national market is progressing, leading to positive changes in market prices, with the equipment manufacturing purchase and factory price indices rising for three consecutive months [2]. - Despite a slight slowdown in production activities in October, new growth drivers and consumer goods manufacturing showed steady growth, providing a solid foundation for macroeconomic stability [2].
10月份我国制造业PMI为49.0%
Xin Hua Wang·2025-10-31 04:15