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Apr 30 5 tweets 3 min read Twitter logo Read on Twitter
⚡JUST IN
#China April official #PMI
Manufacturing PMI 49.2 [Est.51.4 Prev.51.9]
Non-Manufacturing PMI 56.4 [Est.57 Prev.58.2]
Composite PMI 54.4 [Prev.57]
#manufacturing #EconTwitter 🇨🇳 1/ ImageImageImage
NBS: The PMI for China's manufacturing sector decreased by 2.7 PPs m/m, falling into the contraction zone after running above 50% for three consecutive months.
However, the financial situation of enterprises has improved, and enterprises are relatively optimistic about future.
2/
NBS: the new export order index was 47.6%, -2.8 PPs m/m, with two consecutive months of significant declines.
Surveys show that the proportion of companies reflecting insufficient market demand was 56.9%, an increase of 1.6 PPs m/m, reaching a new high in 36 months.
3/
NBS: Both price indices for the metal smelting and rolling processing industry have fallen below 30.0%. Due to large fluctuations in price levels, enterprise purchasing willingness has weakened, and this month's purchasing volume index has fallen to 49.1%.
4/ #China #metal
The business activity index for the civil engineering & construction industry continues to be above 70.0%, indicating that major construction projects proceed in an orderly manner.
The business activity expectation index is 64.1%, +0.4 PPs m/m, outlook is positive. 5/ #China

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More from @Sino_Market

Apr 28
⚡ CPC held an economy-focused politburo meeting today, stressing new obstacles in economic transformation while demand is still not sufficient.
Boosting demand is key to economic improvement.
#China
Key takeaways from the CPC's politburo meeting:
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🔸To deepen reform and opening up, combining the effectiveness of policies with the stimulation of vitality among market entities.
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#Germany #China #chips
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Mar 19
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Mar 19
SWISS FINMA APPROVES MERGER OF UBS, CREDIT SUISSE.
#CreditSuisse #UBS #BankingCrisis
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#CreditSuisse #UBS #BankingCrisis
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#China #IronOre
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#China #IronOre
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