FUNG PMI – læs hele meddelelsen her
China’s manufacturing PMI dropped by 0.3 pts from the previous month to 49.4 in January. The PMI has been slightly below the critical 50-mark for six consecutive months, indicating that the contraction in the manufacturing sector in China has continued. 10 of the 12 sub-indices were lower than their respective levels in the previous month.
The new orders index dropped below 50 in January, indicating the reduction in new orders in the month. 1 Against this backdrop, the output index fell by 0.8 pts from the previous month to 51.4 in January, suggesting a deceleration in output growth. Besides, both the business expectations index and the purchases of inputs index posted month-on-month drop in January, indicating the weakening confidence among purchasing managers.
By size of enterprises, the PMI of ‘large enterprises’ went down to 50.3 in January from 50.9 in December, while the PMI of ‘medium enterprises’ dropped to 49.0 in January from 49.6 in December. In contrast, the PMI of ‘small enterprises’ went up to 46.1 in January from 44.9 in December. The output index was 51.4 in January, down from 52.2 in December.
The output indices of ‘large enterprises’ and ‘medium enterprises’ were 52.6 and 51.2 respectively in January, down from 54.1 and 52.4 respectively in December. Meanwhile, the output index of ‘small enterprises’ stayed below the critical 50-mark, registering 46.3 in January
