中国 -8 月官方制造业和非制造业采购经理人指数均小幅上升-China_ Both official manufacturing and non-manufacturing PMIs edged up in August

31 August 2025 | 12:54PM HKT China: Both official manufacturing and non-manufacturing PMIs edged up in August Bottom line: The NBS manufacturing PMI edged up to 49.4 in August from 49.3 in July, slightly missing market expectations. Among the major sub-indexes, the output sub-index increased the most, followed by the new orders sub-index. The NBS non-manufacturing PMI rose to 50.3 in August from 50.1 in July, entirely driven by acceleration in the services sector. Overall, several patterns shown in August o ...