PMI for Kina-. læs hele meddelelsen her
Summary Chinese manufacturers saw the quickest deterioration in operating conditions for over six years in August, according to latest business survey data.
Total new orders and new export business both declined at sharper rates than in July, and contributed to the most marked contraction of output since November 2011. Lower production requirements prompted companies to reduce their purchasing activity at the fastest rate since March 2009, while weaker client demand led to the first rise in stocks of finished goods in six months.
Meanwhile, softer demand conditions contributed to marked falls in both input costs and output charges in August. Adjusted for seasonal factors, the Purchasing Managers’ Index™ (PMI™) – a composite indicator designed to provide a single-figure snapshot of operating conditions in the manufacturing economy – registered at 47.3 in August, up slightly from the earlier flash reading of 47.1, but down from 47.8 in July.
The PMI has now posted below the neutral 50.0 value for six successive months, with the latest deterioration in operating conditions the sharpest since March 2009. August data signalled a second successive monthly fall in total new work placed at Chinese goods producers, with the rate of contraction quickening to a 17-month record. Panellists generally suggested that deteriorating market conditions had weakened client demand both at home and abroad during August. Furthermore, new export business declined at the steepest rate in just over two years. Softer client demand led manufacturers to scale back their production again in August, with the latest reduction in output the quickest seen since November 2011. Lower production requirements contributed to a further decline in purchasing activity in China’s manufacturing sector in August. Moreover, the rate of reduction quickened since July to the steepest recorded since March 2009. As a result, stocks of inputs also fell over the month, albeit at a modest rate. In contrast, inventories of finished goods rose slightly in August, with a number of companies suggesting that fewer sales had led to an accumulation of post-production stocks
