China's Non-manufacturing PMI Increased in December
By CnAgri
Print
Department of Service Statistics of NBS
China Federation of Logistics and Purchasing (CFLP)
In December, non-manufacturing purchasing manager index was 56.1 percent, an increase of 0.5 percentage points over the previous month.
In view of different industries, non-manufacturing purchasing manager index of construction industry continued to stay above the threshold, achieved 61.9 percent, went up by 0.6 percentage points over the previous month, positioned in the high level of the range. That of services industry was 54.7 percent, up by 0.5 percentage points than that in the previous month．Of which, the indices of post industry, Internet, software and IT services industry, retail trade industry, telecommunications, radio, television and satellite transmission services industry stayed at 60 percent and above, while the total enterprise business of ecological protection, environmental management and public facilities administration industry, road transport industry, hotel service industry, leasing and business service industry decreased over last month.
The new orders index continued to rise. The new orders index was 54.3 percent, an increase of 1.1 percentage points over the previous month, which indicating that the market demand of non-manufacturing industry continued to increase. In view of different industries, the new orders index of construction industry was 57.2 percent, down by 0.9 percentage points over the previous month, which indicating that the market demand growth rate of construction industry slowed down. The new orders index of service industry was 53.6 percent, 1.6 percentage points higher over the previous month. Of which, the new orders indices of post industry, Internet, software and IT services industry, telecommunications, radio, television and satellite transmission services industry, retail trade industry were above the threshold, while the new orders indices of ecological protection, environmental management and public facilities administration industry, road transport industry, leasing and business service industry, real estate industry were below the threshold, and the market demands decreased.
Intermediate input price index went up, reached 53.8 percent, up by 1.3 percentage points over last month, indicating that the intermediate input price of non-manufacturing enterprises continued to increase, and the amount of increase expanded. In view of different industries, the intermediate input price index of construction industry was 51.9 percent, dropped 1.0 percentage points over the previous month. That of service industry was 54.2 percent, up by 1.7 percentage points over the previous month, and the rise of operation costs of enterprises expanded; of which, except for ecological protection, environmental management and public facilities administration industry, the intermediate input price indices of other industries were all above the threshold, and the operation costs of enterprises went up generally.
The subscription price index increased to the threshold. This index was 50.0 percent, up by 1.6 percentage points over the previous month and stood at the threshold, which showing that the non-manufacturing subscription price was almost the same with last month. In view of different industries, the subscription price index of construction industry was 51.5 percent, an increase of 0.3 percentage points over the previous month. That of services industry was 49.6 percent, an increase of 1.8 percentage points over the previous month. Of which, the subscription price indices of retail trade industry, catering industry, leasing and business service industry, road transport industry were above the threshold, that of telecommunications, radio, television and satellite transmission services industry, ecological protection, environmental management and public facilities administration industry, hotel service industry were below the threshold.
Business activities expectation index stayed in a high place. This index reached 64.6 percent, kept at the same level over last month and still placed highly in the range, which indicating that the non-manufacturing enterprises continued to maintain optimistic about the operating expectation in the future. In view of different industries, the business activities expectation indices of air transport industry, retail trade industry, and house construction industry positioned in a high place which above 70 percent.
