国家统计局：10月制造业PMI为49% 比上月下降0.8个百分点
Guo Jia Tong Ji Ju·2025-10-31 07:16

Manufacturing PMI Overview - In October, the 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][17] - The PMI for large, medium, and small enterprises was 49.9%, 48.7%, and 47.1%, respectively, all below the critical point [1][18] - The production index was 49.7%, down 2.2 percentage points, signaling a slowdown in manufacturing production [2][18] - The new orders index was 48.8%, a decrease of 0.9 percentage points, reflecting a drop in market demand [3][18] - The raw materials inventory index was 47.3%, down 1.2 percentage points, indicating a continued reduction in inventory levels [4][18] - The employment index was 48.3%, a slight decrease of 0.2 percentage points, suggesting a minor decline in employment levels within the manufacturing sector [5][18] Non-Manufacturing PMI Overview - The Non-Manufacturing Business Activity Index was 50.1%, an increase of 0.1 percentage points, indicating expansion in the non-manufacturing sector [6][17] - The service sector's business activity index was 50.2%, up 0.1 percentage points, showing a slight recovery in service sector activity [6][20] - The new orders index for non-manufacturing was 46.0%, unchanged from the previous month, indicating weak market demand [6][20] - The input prices index was 49.4%, an increase of 0.4 percentage points, suggesting a narrowing decline in input prices for non-manufacturing businesses [6][20] - The employment index for non-manufacturing was 45.2%, a slight increase of 0.2 percentage points, indicating a minor improvement in employment conditions [7][20] Composite PMI Overview - The Composite PMI Output Index was 50.0%, a decrease of 0.6 percentage points, indicating overall stability in production and business activities [8][21] - The manufacturing production index was 49.7%, while the non-manufacturing business activity index was 50.1%, contributing to the composite index's position at the critical point [21]