The purchasing managers' index (PMI) for China’s manufacturing sector was at 49.7 percent in August of the current year, down 0.3 percentage points compared to July, as announced by China's National Bureau of Statistics (NBS) on September 1.
In the given month, the production index for China's manufacturing sector was at 51.7 percent, down 0.7 percentage points month on month, while the overall new order index for the sector was at 49.7 percent, down 0.2 percentage points compared to the previous month.
The raw material inventory index for China's manufacturing sector was at 48.3 percent in August, down 0.1 percentage point compared to the previous month. Also in August, the employment index for China's manufacturing sector stood at 47.9 percent, down by just 0.1 percentage point, while the supplier delivery time index for the sector in question was at 50.6 percent, up 0.2 percentage points, both month on month.