11月制造业采购经理指数PMI为49.2%
Guo Jia Tong Ji Ju·2025-12-03 09:48

Core Viewpoint - The manufacturing Purchasing Managers' Index (PMI) for November is at 49.2%, indicating a slight improvement from the previous month, but a year-on-year decline of 1.1% [1] Group 1: PMI Overview - The PMI for large enterprises is 49.3%, a decrease of 0.6 percentage points from last month, remaining below the critical point [1] - The PMIs for medium and small enterprises are 48.9% and 49.1%, showing increases of 0.2 and 2.0 percentage points respectively, but still below the critical point [1] Group 2: Sub-indices Analysis - The supplier delivery time index is above the critical point, while the production index is at the critical point, indicating overall stability in manufacturing production [1] - The new orders index is at 49.2%, up by 0.4 percentage points from last month, suggesting an improvement in market demand for manufacturing [1] - The raw materials inventory index is at 47.3%, unchanged from last month and below the critical point, indicating a continued decrease in major raw material inventories [1] - The employment index is at 48.4%, with a slight increase of 0.1 percentage points, reflecting a minor recovery in employment conditions within manufacturing [1] - The supplier delivery time index is at 50.1%, up by 0.1 percentage points, indicating a slight acceleration in the delivery times of raw material suppliers [1]

11月制造业采购经理指数PMI为49.2% - Reportify