China's Non-manufacturing PMI Increased in September
By CnAgri
Print
Department of Service Statistics of NBS
China Federation of Logistics and Purchasing (CFLP)
In view of different industries, non-manufacturing purchasing manager index of service industry was 53.9 percent, up by 1.4 percentage points than that in the previous month. Of which, the indices of retail trade, water transport, post, accommodation, telecommunications, broadcasting, television and satellite transmission services, Internet, software and information technology services stayed above the threshold, and the total enterprise business grew rapidly; the indices of air transport, ecological protection, environmental control and management of public facilities, transport via road, resident services and repair were below the threshold, and the total enterprise business decreased. Non-manufacturing purchasing manager index of construction industry achieved 61.5 percent, up by 2.0 percentage points over the previous month, continued to stay above the threshold, and still positioned in the high level of the range.
New orders index continued to increase. The new orders index was 53.4 percent, an increase of 2.5 percentage points over the previous month, continued to stay above the threshold. In view of different industries, the new orders index of service industry was 52.8 percent, 2.9 percentage points higher over the previous month. Of which, the new orders indices of retail trade, telecommunications, broadcasting, television and satellite transmission services, transport via railway, Internet, software and information technology services, renting and leasing activities and business services were above the threshold, and the market demands increased obviously, while the new orders indices of ecological protection, environmental control and management of public facilities, air transport, resident services and repair, transport via road, restaurants were below the threshold, and the market demands decreased. The new orders index of construction industry was 55.7 percent, up by 0.6 percentage point over the previous month, and the market demands continued to increase.
Intermediate input price index went down slightly, reached 56.7 percent, down by 0.4 percentage point over last month, indicating that the intermediate input price during the process of production and operation of non-manufacturing enterprises continued to increase, but the growth slowed. In view of different industries, the intermediate input price index of service industry was 57.5 percent, slightly went up by 0.1 percentage point over the previous month, and the intermediate input price indices of all the sub industries stayed above the threshold for three consecutive months, of which, the indices of transport via road, air transport, restaurants, Internet, software and information technology services positioned in a high place which above 60 percent, and the increase of intermediate input costs of enterprises during operating was quite large. The intermediate input price index of construction industry was 53.5 percent, a decrease of 2.7 percentage points over the previous month, and stayed above the threshold for three consecutive months, indicating the operation costs of construction industry continued to increase, with a narrowed amount.
The subscription price index dropped back. This index was 50.6 percent, 0.6 percentage point lower over last month, stayed above the threshold for five consecutive months, which showing that the non-manufacturing subscription price kept increasing, with a narrowed amount. In view of different industries, the subscription price index of service industry was 50.6 percent, a decrease of 0.9 percentage point over the previous month. Of which, the subscription price indices of wholesale, retail trade, accommodation, transport via railway, renting and leasing activities and business services were above the threshold, that of resident services and repair, loading, unloading and portage, storage, air transport, telecommunications, broadcasting, television and satellite transmission services, transport via road were below the threshold. The subscription price index of construction industry was 50.7 percent, up by 0.5 percentage point over last month.
Business activities expectation index dropped from a high place. This index reached 60.1 percent, down by 2.8 percentage points over last month, but still placed highly in the range, which indicating that the non-manufacturing enterprises maintained optimistic about the operating expectation in next three months, and had full confidence in the development of the industry. In view of different industries, except for air transport, resident services and repair, the business activities expectation indices of other industries were above the threshold.
