Economy
Financial Markets
Commodities
Industries
Energy
Real Estate
Local listed Company
Overseas-listed Company
Foreign Company
Industrial Parks


 
Economy
 Search News  Or
China's non-manufacturing PMI rebounds to 58 in Mar

Apr. 5, 2012 (China Knowledge) - China's non-manufacturing purchasing managers' index (PMI), a major indicator of the strength of the non-manufacturing sector, rose to 58 in March this year, up 0.7 points from February, according to figures released by the China Federation of Logistics and Purchasing (CFLP).

A reading on index above 50 indicates expansion, while the index below 50 indicates contraction.

Cai Jin, Vice President of the CFLP, said that increase in the non-manufacturing PMI indicated a steady growth in non-manufacturing sector, due to rising market demands.
 
After seasonal adjustment, the new order index increased 0.8 points from February to 53.5 last month. The new order index in the construction sector was 56.3, followed by 52.8 in the consumer service sector.
 
The new export order index saw the biggest rise of 7.5 points in March.

The intermediate input price index grew 1.2 points from the previous month to 60.2 in March. The intermediate input price index in the consumer service sector was 60.1% last month and was 60.6% in the construction sector.

The non-manufacturing PMI is based on a survey of about 1,200 firms in 20 industries, including transport, real estate, retailing, catering and software.







Add this     
Copyright © "2015" www.chinaknowledge.com

Send feedback or comments to: news@chinaknowledge.com

For more news, financial weekly reports, business guides to China, Market Research Reports and other premium information, subscribe to China Knowledge today

To access our page on Bloomberg, type CKFI (GO)

 Our Professional Services

 E-Store

 News Archive
About Us | CSR | Media Center | E-Newsletter | E-Store | Contact Us | Feedback | Sitemap | Privacy Policy | Terms of Use  

           Copyright © 2014 China Knowledge Online. All Rights Reserved