China's manufacturing sector PMI rises to 51.0% in August

Monday, 02 September 2013 15:55:49 (GMT+3)   |   Shanghai
       

China's purchasing managers' index (PMI) for its domestic manufacturing sector was at 51.0 percent in August this year, up 0.7 percentage points compared to July and above 50 percent for the 11th consecutive month, according to the figures released by China's National Bureau of Statistics (NBS) on September 1.

In the given month, the production index for China's manufacturing sector moved up by 0.2 percentage points month on month to 52.6 percent, while the new order index for the sector increased by 1.8 percentage points compared to the previous month to 52.4 percent. The raw material inventory index for China's manufacturing sector was at 48.0 percent in August, up by 1.6 percentage points compared to the previous month.

Also in August, the employment index for China's manufacturing sector stood at 49.3 percent, up 0.2 percentage points, while the supplier delivery time index for the sector in question was at 50.4 percent, up 0.3 percentage points, both month on month.


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