Analysis of current manufacturing data!
From the perspective of sub-indexes, the five sub-indexes that make up the manufacturing PMI are all below the critical point.
The production index was 27.8%, a decrease of 23.5 percentage points from the previous month, indicating a slowdown in manufacturing production activities.
The new orders index was 29.3%, a decrease of 22.1 percentage points from the previous month, indicating that the demand for the manufacturing market fell.
The raw material inventory index was 33.9%, a decrease of 13.2 percentage points from the previous month, indicating that the inventory of major raw materials in the manufacturing industry had decreased.
The employment index was 31.8%, a decrease of 15.7 percentage points from the previous month, indicating that the employment level of manufacturing enterprises has decreased.
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