According to the data released by the China Federation of Logistics and Purchasing and the National Bureau of Statistics Service Survey Center on the 3rd, the non-manufacturing business activity index in China in June was 56.7%, up 1.5 percentage points from the previous month. This is the second consecutive fall of the index. Reproduction rises.
The data shows that in the non-manufacturing PMI individual indices, except for the sequential decrease in the hand order index and the intermediate input price index, the rest of the indices have all increased at different levels. The increase rate of the business activity index and the new order index both exceeded 1 percentage point. The index of new export orders was unchanged from the previous month; the increase in indices such as the inventory index, fee price index and supplier delivery time was within 1 percentage point.
Specifically, the new orders index was 53.7%, up 1.2% from the previous month; the new export orders index was 50.5%, flat compared with the previous month; the intermediate input price index was 52.1%, a decrease of 1.5 percentage points from the previous month; The index was 48.6%, up 0.1% from the previous month and below 50% for two consecutive months. The business activity expectation index was 65.5%, up 0.1% from the previous month.
In terms of sub-industries, the real estate business activity index in June was 58.2%, reaching a new high since December 2010. Its new orders index ended the decline trend of nearly one and a half years, and recovered to 55.7%; at the same time, the information service industry and the logistics industry The operating activities and market demand of the producer service industries have all significantly rebounded, and both have contributed to the non-manufacturing economic growth.
In this regard, Cai Jin, deputy chairman of the China Federation of Logistics and Purchasing, believes that the non-manufacturing PMI has rebounded, and in the sub-items, the new orders index has reached a new high this year, indicating a steady growth of the non-manufacturing economy.
Cai Jin combined with the release of manufacturing PMI data on the 1st, indicating that the manufacturing PMI was still above 50% in June, and the decline has narrowed significantly, indicating that the signs of stabilization in economic growth are beginning to show signs of improvement. The positive factors are accumulating and will help stabilize the economy in the second half of the year.
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