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In October, China's Clothing Shoes And Hats PMI Reached More Than 50%.

2011/11/2 15:53:00 24

Shoes And Apparel Industry

In October 2011, China's Manufacturing Purchasing Managers Index (PMI) released by China Federation of logistics and purchasing was 50.4%, down 0.8 percentage points. After a slight rebound in the first two months, the index fell again, but remained above 50%. It reflects the possibility that the economic growth in the four quarter will continue to decline, but the basic trend of moderate growth will not change fundamentally. Economics Growth will remain at around 9.2%.

  


 

 


Judging from the sub index, from the 11 sub index, except for the finished product inventory index and supplier delivery time index, all the other indexes have dropped to varying degrees. Among them, the new export orders index, backlog order index, import index and purchase price index have dropped considerably, exceeding 2 percentage points. The purchase price index dropped 10.4 percentage points from last month to 46.2%.


In this month's 20 industries, electrical machinery and equipment manufacturing, pharmaceutical manufacturing, clothing Shoes and hat manufacturing and feather and down products industry and other 9 industries reached more than 50%; special equipment manufacturing, petroleum processing and coking, chemical fiber manufacturing and rubber (27120, -325.00, -1.18%) plastics (9335, -65.00, -0.69%) products industry 11 industries less than 50%. From the product type, intermediate goods and consumer goods enterprises are higher than 50%; raw materials and energy and production enterprises are less than 50%.


According to the survey of purchasing managers in manufacturing industry in October, Zhang Liqun, an analyst with special analysts, said: "the PMI index fell in October, indicating that the future economic growth rate will continue to decrease. In the 3 quarter, both export and investment slowed down. capital The problem of tension has become increasingly prominent, and its economic growth has been decreasing as a whole. In the future, the growth rate of exports and investment is expected to continue to decline. The sharp decline in the purchase price index in the PMI index, on the one hand, shows that the cost pressure of enterprises has been reduced. On the other hand, it may also indicate that the future will be affected by the price expectation, and the enterprises' inventory activities will increase. Affected by demand factors, it is expected that economic growth in the future will continue to decline gently. "


The new order index is down. This month's new order index was 50.5%, down 0.8 percentage points from last month. In the 20 industries, 10 industries, such as clothing, shoes and hat manufacturing, feather and down products, pharmaceutical manufacturing and so on, are over 50%, while 10 industries such as special equipment manufacturing, chemical fiber manufacturing, rubber and plastic products and textile industry are below 50%. From the perspective of product type, the consumer goods enterprises are higher than 50%; the intermediate category enterprises are located at 50%; the raw material and energy and production enterprises are below 50%.


The production index has gone up and down. This month's production index was 52.3%, down 0.4 percentage points from last month. In the 20 industries, 13 industries, such as pharmaceutical manufacturing, electrical machinery and equipment manufacturing, are over 50%, while 7 industries such as wood processing and furniture manufacturing, textile industry, non-ferrous metal smelting and rolling processing industry are below 50%. In terms of product type, intermediate goods, consumer goods and production enterprises are higher than 50%, while raw materials and energy enterprises are less than 50%.


Import index and new export orders index are all down. This month's new export orders index was 48.6%, down 2.3 percentage points from last month. In the 20 industries, 9 industries, including non-ferrous metal smelting and calendering processing, agricultural and sideline food processing and food manufacturing, tobacco products, and so on, are over 50%, and 11 industries, such as chemical raw materials and chemical products manufacturing, electrical machinery and equipment manufacturing, pharmaceutical manufacturing, and so on, are below 50%. From the regional perspective, the eastern, central and western regions are all below 50%. From the perspective of product type, enterprises in consumer life category are higher than 50%, and raw materials and energy, intermediate goods and production enterprises are all below 50%.

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