【权威解读】10月份制造业采购经理指数有所回落 非制造业商务活动指数略有回升
中汽协会数据·2025-10-31 07:53

Group 1: Manufacturing Purchasing Managers Index (PMI) - In October, the manufacturing PMI decreased to 49.0%, down by 0.8 percentage points from the previous month, indicating a slowdown in production activities [1][2] - Both production index and new orders index fell to 49.7% and 48.8%, respectively, reflecting a decline in production and market demand [2] - Large enterprises maintained a PMI above the critical point, with indices at 50.9% for production and 50.1% for new orders, indicating sustained expansion in this segment [2][3] Group 2: Non-Manufacturing Business Activity Index - The non-manufacturing business activity index rose to 50.1%, an increase of 0.1 percentage points, indicating slight expansion [4][5] - The service sector's business activity index reached 50.2%, showing improvement, particularly in sectors like transportation and hospitality, which benefited from holiday effects [5] - The construction sector's business activity index slightly declined to 49.1%, but the business activity expectation index improved to 56.0%, suggesting a more optimistic outlook [5] Group 3: Comprehensive PMI Output Index - The comprehensive PMI output index stood at 50.0%, indicating overall stability in production and business activities across sectors [6]