PMI uptick another positive sign: China Daily editorial
11 months, 4 weeks ago

PMI uptick another positive sign: China Daily editorial

China Daily  

A staff member assembles a planter at the workshop of an agricultural machinery manufacturing enterprise in Jiamusi, Northeast China's Heilongjiang province on March 12. There was more good news for the Chinese economy as the manufacturing purchasing managers' index reached 50.8 percent in March, up 1.7 percentage points from February. It is an encouraging sign that all three major manufacturing industries — high-tech, consumer goods and equipment manufacturing — expanded simultaneously, with their PMI in March standing at 53.9 percent, 51.8 percent and 51.6 percent respectively, up 3.1, 1.8, and 2.1 percentage points from February. The production index and new order index of the manufacturing PMI were 52.2 percent and 53.0 percent respectively, up 2.4 and 4.0 percentage points from February, indicating a recovery on the demand side to some extent. In March, the purchasing price of raw materials in the manufacturing PMI was recorded at 50.5 percent, an increase of 0.4 percentage points from the previous month, but the ex-factory price index was 47.4 percent, which fell by 0.7 percentage points, and that figure has been in the contraction range for six consecutive months.

China Manufacturing Index Price Points Percentage Pmi Daily Editorial  uptick  index  positive  demand  sign  pmi  manufacturing  increase  industry  china  points  daily  editorial  price  percentage  respectively

History of this topic

Asia’s manufacturing gauges signal growth but outlook remains cloudy
3 weeks, 5 days ago

Asia’s manufacturing gauges signal growth but outlook remains cloudy

Live Mint  

Asian factory-activity data showed a broad uptick in growth momentum midway through the first quarter, but indicated some weak spots against a backdrop of escalating global trade tensions. Maybank economist Erica Tay said it remains unclear how much of the jump in new orders across Asia was due to front-loading ahead of potentially more severe U.S. trade policy. Chip-making powerhouse …

Manufacturing Output Rises in January, Says PMI
1 month, 3 weeks ago

Manufacturing Output Rises in January, Says PMI

Deccan Chronicle  

New Delhi: After plunging to a twelve-month low in December, the manufacturing activities in India showed a significant upward movement in January, driven by resilient demand and strong output, especially in sharp rise in export orders. The HSBC India Manufacturing Purchasing Managers' Index or PMI rose to a six-month high of 57.7 in the same month from 56.4 in the …

Factory activity falls again as rising costs and weak demand hit manufacturers
1 month, 3 weeks ago

Factory activity falls again as rising costs and weak demand hit manufacturers

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Business optimism consequently remains close to December's two-year low, …

China's manufacturing PMI at 49.1 in January
2 months ago

China's manufacturing PMI at 49.1 in January

China Daily  

By Wang Keju | chinadaily.com.cn | Updated: 2025-01-27 09:58 An employee works on the production line of a combine harvester manufacturer in Qingzhou, Shandong province. WANG JILIN/FOR CHINA DAILY China's manufacturing sector has witnessed a moderation in January, as the mass exodus of employees returned to their home regions for the upcoming Spring Festival holiday, data from the National Bureau …

India's services sector ended 2024 on a strong footing, PMI shows
Trending News
2 months, 3 weeks ago

India's services sector ended 2024 on a strong footing, PMI shows

Deccan Chronicle  

India's dominant services sector ended 2024 on a high note as sustained demand boosted activity to a four-month high and led to strong hiring in December, while inflationary pressures eased, a survey showed.The HSBC final India Services Purchasing Managers' Index, compiled by S&P Global, rose to 59.3 in December from 58.4 in November, its highest since August but lower than …

China Sees Manufacturing Sector Expand At Muted Pace In December
2 months, 4 weeks ago

China Sees Manufacturing Sector Expand At Muted Pace In December

ABP News  

The manufacturing activity in China climbed for the third consecutive month in December, however, the pace remained marginal, an official factory survey showed on Tuesday. However, authorities remain optimistic that fiscal and monetary measures released later in the year would lead to a turnaround in the property market, which has weighed down the broader economy. An improvement in domestic demand …

India's economy ends 2024 with solid momentum as business growth hits 4-month high, PMI shows
3 months, 1 week ago

India's economy ends 2024 with solid momentum as business growth hits 4-month high, PMI shows

The Hindu  

India's private sector output grew at the fastest pace in four months, preliminary readings from a survey showed, helping the economy end 2024 on a positive note underpinned by sturdier demand in services and manufacturing and record jobs growth. Asia's third-largest economy grew a softer 5.4% last quarter, but easing inflation is expected to spur demand among private sector firms, …

Chinese economy records steady recovery
3 months, 1 week ago

Chinese economy records steady recovery

China Daily  

China's economy showed a steady recovery trend supported by key economic indicators released on Monday by the National Bureau of Statistics, amid a slew of policy incentives that boosted market confidence. Output of industries above a designated level grew by 5.4 percent year-on-year in November, a 0.1 percentage point higher than last month. Retail sales, a key measurement of consumer …

Chinese economy records steady recovery
3 months, 1 week ago

Chinese economy records steady recovery

China Daily  

China's economy showed a steady recovery trend supported by key economic indicators released on Monday by the National Bureau of Statistics, amid a slew of policy incentives that boosted market confidence. Output of industries above a designated level grew by 5.4 percent year-on-year in November, a 0.1 percentage point higher than last month. Retail sales, a key measurement of consumer …

PPI shows modest recovery last month
3 months, 2 weeks ago

PPI shows modest recovery last month

China Daily  

Shoppers buy vegetables at a supermarket in Lianyungang, Jiangsu province. Going forward, bolder-than-expected interest rate cuts may consolidate the fledgling demand recovery while a near-term cut in banks' reserve requirement ratio is likely, analysts said, as a top-level meeting called for "moderately loose" monetary policy for the first time since the 2007-09 global financial crisis. China's producer price index — …

Reform should address market's practical concerns
3 months, 2 weeks ago

Reform should address market's practical concerns

China Daily  

In November, the manufacturing purchasing managers' index rose by 0.2 percentage points from the previous month to 50.3, a rise for the third consecutive month and reaching a seven-month high. The package of incremental policies launched since the end of September has gradually realized its intended effects, with major indicators related to industry, services, consumption and investment recovering at the …

Reform should address market's practical concerns
Top News
3 months, 2 weeks ago

Reform should address market's practical concerns

China Daily  

ECONOMIC DAILY | Updated: 2024-12-09 07:39 An employee works on the production line of a combine harvester manufacturer in Qingzhou, Shandong province. WANG JILIN/FOR CHINA DAILY In November, the manufacturing purchasing managers' index rose by 0.2 percentage points from the previous month to 50.3, a rise for the third consecutive month and reaching a seven-month high. Notably, as the manufacturing …

Reform should address market's practical concerns
Top News
3 months, 2 weeks ago

Reform should address market's practical concerns

China Daily  

ECONOMIC DAILY | Updated: 2024-12-09 07:39 An employee works on the production line of a combine harvester manufacturer in Qingzhou, Shandong province. WANG JILIN/FOR CHINA DAILY In November, the manufacturing purchasing managers' index rose by 0.2 percentage points from the previous month to 50.3, a rise for the third consecutive month and reaching a seven-month high. Notably, as the manufacturing …

India’s manufacturing growth falls to 11-month low in November amid price pressures and weaker demand
3 months, 3 weeks ago

India’s manufacturing growth falls to 11-month low in November amid price pressures and weaker demand

Live Mint  

India's manufacturing growth slowed in November, with activity easing to its weakest level in 11 months, as price pressures and softer domestic demand weighed on the sector. "Although price pressures curbed domestic sales to a certain extent, growth of new export orders gained momentum," it added. Despite domestic challenges, international demand surged, with new export orders reaching a four-month high …

China's manufacturing PMI at 50.3 in November
3 months, 3 weeks ago

China's manufacturing PMI at 50.3 in November

China Daily  

chinadaily.com.cn| Updated :2024-12-02 China's manufacturing activity expanded for the second consecutive month in November with a series of recent stimulus measures gradually taking effect, official data showed on Saturday. Data from the National Bureau of Statistics showed that China's official purchasing managers index for the manufacturing sector came in at 50.3 in November, up from 50.1 in October. NBS data …

China's manufacturing PMI at 50.3 in November
3 months, 4 weeks ago

China's manufacturing PMI at 50.3 in November

China Daily  

China's manufacturing activity expanded for the second consecutive month in November with a series of recent stimulus measures gradually taking effect, official data showed on Saturday. Data from the National Bureau of Statistics showed that China's official purchasing managers index for the manufacturing sector came in at 50.3 in November, up from 50.1 in October. NBS data showed manufacturers expressing …

Growth expected to pick up after lull
4 months, 3 weeks ago

Growth expected to pick up after lull

China Daily  

The skyline of Beijing. They commented as data from media group Caixin pointed to the fastest expansion of services activity in three months while manufacturing activity resumed upward momentum, matching the improvements of official indicators. David Chao, global market strategist for the Asia-Pacific region at Invesco, said: "China's leading economic indicators improved across the board for October, suggesting that the …

China's Manufacturing PMI Recovers to 50.1, Signaling Economic Vitality
4 months, 4 weeks ago

China's Manufacturing PMI Recovers to 50.1, Signaling Economic Vitality

China Daily  

China's economic vitality continues to improve, with the manufacturing PMI reaching a six-month high of 50.1 in October. The sub-index for production rose to 52, while new orders edged up to 50 from 49.9 in September, indicating a recovery in production activity. Prices in the manufacturing sector recovered as the sub-gauge for the main raw material purchase prices jumped from …

Industrial Profits Recover as Policy Measures Boost Confidence
Trending News
5 months ago

Industrial Profits Recover as Policy Measures Boost Confidence

China Daily  

China's industrial enterprises are showing signs of recovery, with the profit of industrial enterprises increasing in the high-tech manufacturing sector. Despite a decline in the overall industrial sector, the resilience of new industrial drivers is driving growth. The central authorities have introduced a package of policies focused on increasing countercyclical policy regulation, expanding domestic demand, giving more help to enterprises, …

Industrial Profits Recover as Policy Measures Boost Confidence
Trending News
5 months ago

Industrial Profits Recover as Policy Measures Boost Confidence

China Daily  

China's industrial enterprises are showing signs of recovery, with the profit of industrial enterprises increasing in the high-tech manufacturing sector. Despite a decline in the overall industrial sector, the resilience of new industrial drivers is driving growth. The central authorities have introduced a package of policies focused on increasing countercyclical policy regulation, expanding domestic demand, giving more help to enterprises, …

Profits of major industrial companies slump in August
6 months ago

Profits of major industrial companies slump in August

China Daily  

An employee paints a wind turbine hub at a wind power equipment manufacturer in Binzhou, Shandong province. GUO XULEI/XINHUA Profits at China's major industrial companies slumped significantly in August, pointing to weakening market demand and shoring up the case for new incremental policies to prop up growth, officials and analysts said on Friday. NBS statistician Yu Weining said the decline …

China's service sector sees expansion while production shrinks
6 months, 4 weeks ago

China's service sector sees expansion while production shrinks

China Daily  

Staff members work at a factory of Chint Group in Shanghai in May. China's factory activity shrank for the fourth consecutive month this August, while the service sector has expanded at a faster pace, official data showed on Saturday. Data from the National Bureau of Statistics showed that China's official purchasing managers index for the manufacturing sector came in at …

Chinese economy advances with steady growth momentum
7 months, 1 week ago

Chinese economy advances with steady growth momentum

China Daily  

The skyline of Beijing. Last month, a broad range of key indicators maintained steady expansion, with production and demand on the rise, overall employment remaining stable, and new growth drivers building up, according to the National Bureau of Statistics. Last month, retail sales of consumer goods went up 2.7 percent year on year to nearly 3.78 trillion yuan, accelerating from …

PMI signals factory activity eased a tad in July; price pressures mount
7 months, 4 weeks ago

PMI signals factory activity eased a tad in July; price pressures mount

The Hindu  

Growth in new orders and output eased slightly at Indian factories during July, even as firms raised selling prices at the highest pace in almost 11 years amid a significant spike in input costs that accelerated at a two-year high rate, as per the HSBC India Manufacturing Purchasing Managers’ Index. “The continuous increase in the output price index, driven by …

Recovery likely to gain a firmer footing, experts say
7 months, 4 weeks ago

Recovery likely to gain a firmer footing, experts say

China Daily  

A view of Beijing's CBD area on Nov 29, 2023. China's economic recovery is expected to gain a firmer footing in the remainder of the year, as policymakers are poised to roll out a package of stimulus measures aimed at stabilizing growth and deepening structural reforms in the second half, analysts said on Wednesday. Citing key measures mapped out at …

More proactive monetary, fiscal policies seen as key
8 months, 1 week ago

More proactive monetary, fiscal policies seen as key

China Daily  

Consumers browse products at a supermarket in Handan, Hebei province, on Wednesday. Zhou Mi, a researcher at the Beijing-based Chinese Academy of International Trade and Economic Cooperation, said the gentle CPI recovery reflects the country's strengthening driving force of domestic consumption growth. Li Peijia, a senior analyst at Bank of China, said China's growing CPI benefits from its large-scale equipment …

Surveys show Chinese economy growing but at modest pace
8 months, 4 weeks ago

Surveys show Chinese economy growing but at modest pace

Associated Press  

BANGKOK — Surveys of Chinese factory managers showed a mixed outlook for the world’s second-largest economy in June, with growth steady but not picking up much steam. “From the perspective of output, China’s economy is maintaining expansion, but the momentum of recovery still needs to be consolidated,” the official Xinhua News Agency cited Zhao Qinghe, senior statistician for the National …

Surveys show Chinese economy growing but at modest pace
8 months, 4 weeks ago

Surveys show Chinese economy growing but at modest pace

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Surveys of Chinese factory managers …

China's industrial profits up 3.4% in January-May
9 months ago

China's industrial profits up 3.4% in January-May

China Daily  

Xinhua| Updated :2024-06-28 BEIJING -- Profits of China's major industrial firms increased 3.4 percent year-on-year in the first five months of the year, official data showed Thursday. The profits of the equipment manufacturing sector continued to increase rapidly in the January-May period, with the combined profits of the sector gaining 11.5 percent year-on-year, said the NBS. The surge contributed 3.6 …

China's industrial profits up 3.4% in January-May
9 months ago

China's industrial profits up 3.4% in January-May

China Daily  

Profits of China's major industrial firms increased 3.4 percent year-on-year in the first five months of the year, official data showed Thursday. The profits of the equipment manufacturing sector continued to increase rapidly in the January-May period, with the combined profits of the sector gaining 11.5 percent year-on-year, said the NBS. The surge contributed 3.6 percentage points to the country's …

China's industrial profits up 3.4% in January-May
9 months ago

China's industrial profits up 3.4% in January-May

China Daily  

Profits of China's major industrial firms increased 3.4 percent year-on-year in the first five months of the year, official data showed Thursday. The profits of the equipment manufacturing sector continued to increase rapidly in the January-May period, with the combined profits of the sector gaining 11.5 percent year-on-year, said the NBS. The surge contributed 3.6 percentage points to the country's …

India's Business Growth Surges in June: PMI Report
9 months, 1 week ago

India's Business Growth Surges in June: PMI Report

Deccan Chronicle  

New Delhi: Regaining the momentum in June with business activity picking up at a quicker pace, Indian businesses, both in the manufacturing and services sectors, expanded at a faster pace in the month of June than the previous month. According to the survey carried out by the global banker HSBC Flash India PMI, the headline flash composite Purchasing Managers’ Index …

China's economy maintains recovery momentum
9 months, 1 week ago

China's economy maintains recovery momentum

China Daily  

By Ouyang Shijia| chinadaily.com.cn| Updated :2024-06-17 China's economy continued the recovery trend in May amid a steady rebound in demand, the National Bureau of Statistics said on Monday. China's value-added industrial output - a gauge of activity in the manufacturing, mining and utilities sectors - grew by 5.6 percent in May from a year earlier after 6.7 percent in April, …

India's Manufacturing Sector PMI Shoots Up To Second Best High In 3.5 Years
10 months, 3 weeks ago

India's Manufacturing Sector PMI Shoots Up To Second Best High In 3.5 Years

Deccan Chronicle  

The growth in India's manufacturing sector moderated slightly in April but remained robust, witnessing the second-best improvement in operating conditions in three-and-a-half years. Despite falling from 59.1 in March to 58.8 in April, the seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index or PMI signalled a significant improvement in demand for the health of the sector, prompting firms to ramp …

India’s April manufacturing PMI sees second-best improvement in operating conditions in three-and-a-half years
10 months, 3 weeks ago

India’s April manufacturing PMI sees second-best improvement in operating conditions in three-and-a-half years

The Hindu  

India’s manufacturing sector activity moderated slightly in April, but still witnessed the second-best improvement in operating conditions in three-and-a-half years, as per the seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index™ which fell to 58.8 from the 16-year high of 59.1 recorded in March. Even though input costs increased, producers ramped up input purchases to the highest level since last …

Is China’s economy finally bottoming out?
11 months, 3 weeks ago

Is China’s economy finally bottoming out?

Live Mint  

Better late than never: After a rough 2023 and early 2024, the first read on China’s economy in March points to a tentative rebound heading into the second quarter. Data released over the weekend showed China’s official factory purchasing managers index in March moving back above the 50-point level separating expansion from contraction for the first time since September. But …

March manufacturing PMI survey signals a 16-year peak
11 months, 3 weeks ago

March manufacturing PMI survey signals a 16-year peak

The Hindu  

India’s manufacturing sector activity surged in March with new orders and output levels rising at the fastest pace since October 2020, lifting the HSBC India Manufacturing Purchasing Managers Index to a 16-year high of 59.1 from 56.9 in the previous month. Export orders also grew at the fastest pace since May 2022, and though pressures on current capacity remained mild …

China's manufacturing activity expands in March after a 5-month lull
11 months, 4 weeks ago

China's manufacturing activity expands in March after a 5-month lull

The Hindu  

Manufacturing in China expanded in March after contracting for five consecutive months, according to an official survey of factory managers released on March 31, suggesting a rebound in industrial activities following the Lunar New Year holiday. China’s National Bureau of Statistics senior statistician Zhao Qinghe said the market became more active as companies resumed and sped up production after the …

China’s manufacturing activity expands in March after a 5-month lull
11 months, 4 weeks ago

China’s manufacturing activity expands in March after a 5-month lull

Associated Press  

BEIJING — Manufacturing in China expanded in March after contracting for five consecutive months, according to an official survey of factory managers released Sunday, suggesting a rebound in industrial activities following the Lunar New Year holiday. National Bureau of Statistics senior statistician Zhao Qinghe said the market became more active as companies resumed and sped up production after the Lunar …

Experts see signs of recovery in economy
1 year ago

Experts see signs of recovery in economy

China Daily  

Participants discuss the outlook for the Chinese economy during the Boao Forum for Asia Annual Conference 2024 in Boao, Hainan province, on Thursday. FENG YONGBIN/CHINA DAILY China's economy is showing signs of steady recovery with effective measures to boost domestic demand and tackle structural issues, participants attending the Boao Forum for Asia Annual Conference 2024 said on Thursday. Citing some …

China will continue to make strides, and contribute to global economy
1 year ago

China will continue to make strides, and contribute to global economy

China Daily  

An aerial drone photo shows a container vessel berthing at the smart zero-carbon terminal of Tianjin Port in North China on Feb 2. In the first two months of this year, China's total retail sales of consumer goods increased by 5.5 percent year-on-year, reflecting further strengthening of its consumption momentum. In January, 4,588 new foreign-invested enterprises were established in China, …

China says economy got a strong start in 2024, sets sights on latest technology, upgrading factories
1 year ago

China says economy got a strong start in 2024, sets sights on latest technology, upgrading factories

Associated Press  

BEIJING — China has plenty of room to maneuver to attain its annual target for robust economic growth of about 5% after a strong start for the year, top economic officials said Wednesday, though they acknowledged it’s a challenge. It’s hard to fully meet needs using existing funding channels and there’s an urgent need to increase support,” he said at …

India’s manufacturing PMI inched up to 56.9 in February
1 year ago

India’s manufacturing PMI inched up to 56.9 in February

The Hindu  

India’s manufacturing sector continued its recovery in February from an 18-month low in December, with production levels and sales rising at the fastest pace in five months, as per the seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index. New export orders grew at the highest pace in 21 months, but employment levels changed little as firms felt existing staff strengths …

China’s manufacturing activity contracts for 5th straight month despite policy support
1 year ago

China’s manufacturing activity contracts for 5th straight month despite policy support

Associated Press  

HONG KONG — Manufacturing in China contracted for a fifth consecutive month in February, according to an official survey of factory managers released Friday, reflecting persistent weakness in the economy ahead of annual legislative meetings where officials are expected to boost policy support. February’s reading comes in spite of Beijing’s recent measures to shore up the economy, including reducing a …

Varying manufacturing recovery casts shadow on global growth
1 year, 1 month ago

Varying manufacturing recovery casts shadow on global growth

China Daily  

A worker produces garment fabrics at a weaving workshop in Nantong, Jiangsu province, on Jan 24, 2024. Statistics from the China Federation of Logistics and Purchasing show that Asia's manufacturing purchasing managers' index rose above 50 percent again in January, and China's manufacturing PMI in particular rose 0.2 percentage points in January from the previous month. Although the manufacturing industry …

China manufacturing contracts for a 4th straight month in January
1 year, 1 month ago

China manufacturing contracts for a 4th straight month in January

Associated Press  

SINGAPORE — A survey of factory managers in China released Wednesday shows manufacturing contracted in January for a fourth straight month, reflecting weak demand and a faltering recovery in the world’s second-largest economy. “Overall, the PMI data show that China’s economy remains relatively soft, as confidence remains weak,” Lynn Song of ING Economics said in a report. “Until forward-looking indicators …

Chinese factory activity slows in December in a third straight month of contraction
1 year, 2 months ago

Chinese factory activity slows in December in a third straight month of contraction

Associated Press  

BANGKOK — A survey of factory managers in China shows manufacturing contracted in December in the latest sign the world’s second-largest economy remains sluggish. The official purchasing managers index, or PMI, fell to 49 last month in what officials said was evidence of weak demand, the National Bureau of Statistics reported on Sunday. Despite unexpectedly prolonged weakness after the pandemic, …

Economists call for more policy push
1 year, 3 months ago

Economists call for more policy push

China Daily  

A woman selects vegetables at a supermarket in Huaihua city of Hunan province, Oct 13, 2023. China's consumer prices dropped for the second consecutive month in November, indicating still-weak demand and backing the case for further policy support, including a likely reduction in the reserve requirement ratio for banks, economists said on Sunday. Noting that Friday's meeting has set the …

China factory activity contracts in November for 2nd straight month despite stimulus measures
1 year, 3 months ago

China factory activity contracts in November for 2nd straight month despite stimulus measures

Associated Press  

HONG KONG — An official survey of Chinese manufacturers shows that factory activity contracted for a second straight month in November, an indicator of weak demand despite various stimulus measures aimed at supporting the economy. The official manufacturing purchasing managers’ index fell to 49.4 in November, down slightly from October’s 49.5, according to data released Thursday by the National Bureau …

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