China's Non-manufacturing PMI Decreased in April
By CnAgri
Print
Department of Service Statistics of NBS
China Federation of Logistics and Purchasing (CFLP)
In April, non-manufacturing purchasing manager index was 54.5 percent, a decrease of 1.1 percentage points over the previous month.
In view of different industries, non-manufacturing purchasing manager index of service industry was 52.5 percent, down by 1.4 percentage points than that in the previous month. Of which, the indices of post, telecommunications, broadcasting, television and satellite transmission services, wholesale, accommodation, water transport stayed above the threshold, and the total enterprise business continued to increase, while the total enterprise business of restaurants, resident services and repair, transport via road decreased. Non-manufacturing purchasing manager index of construction industry achieved 62.4 percent, down by 0.1 percentage point over the previous month, continued to stay above the threshold.
New orders index continued to stay above the threshold. The new orders index was 50.9 percent, a decrease of 1.1 percentage points over the previous month, stayed above the threshold, which indicating that the market demand of non-manufacturing industry continued to maintain an upward trend, while the amount of increase has narrowed. In view of different industries, the new orders index of service industry was 49.8 percent, dropped below the threshold, and 1.6 percentage points lower over the previous month. Of which, the new orders indices of accommodation, water transport, telecommunications, broadcasting, television and satellite transmission services, renting and leasing activities and business services, Internet, software and information technology services were above the threshold, and the market demands increased, while the new orders indices of restaurants, transport via road, resident services and repair, transport via railway were below the threshold, and the market demands decreased. The new orders index of construction industry was 55.0 percent, up by 0.6 percentage point over the previous month.
Intermediate input price index decreased, reached 51.1 percent, down by 4.2 percentage points over last month, indicating that the rise amount of intermediate input price during the process of production and operation of non-manufacturing enterprises decreased. In view of different industries, the intermediate input price index of service industry was 51.4 percent, down by 4.7 percentage points over the previous month, except for air transport, wholesale, telecommunications, broadcasting, television and satellite transmission services, the intermediate input price indices of other industries were all above the threshold, of which, the indices of renting and leasing activities and business services, ecological protection, environmental control and management of public facilities, post, transport via railway were relatively high, and the operation costs of enterprises increased rapidly. The intermediate input price index of construction industry was 50.1 percent, a decrease of 2.0 percentage points over the previous month.
The subscription price index dropped below the threshold. This index was 47.6 percent, which showing that the non-manufacturing subscription price turned to decrease from increase. In view of different industries, the subscription price index of service industry was 46.7 percent, a decrease of 3.2 percentage points over the previous month. Of which, the subscription price indices of renting and leasing activities and business services, accommodation, ecological protection, environmental control and management of public facilities, were above the threshold, that of wholesale, air transport, restaurants, retail trade, resident services and repair were below the threshold. The subscription price index of construction industry was 50.9 percent, up by 0.5 percentage point over last month.
Business activities expectation index continued to stay in a high place. This index reached 62.5 percent, up by 0.1 percentage points over last month and still placed highly in the range, which indicating that the non-manufacturing enterprises maintained optimistic about the operating expectation in next three months. In view of different industries, the business activities expectation indices of Internet, software and information technology services, construction of building, air transport positioned in a high place which above 70 percent, that of catering industry stayed below the threshold for three consecutive months.
