Manufacturing PMI from the dawn and back to the endless waiting, now is the off-season factors, the next two months there are holiday factors disturbance, this is basically going to be seen in March, hehe. It is gratifying that this time it is clear that some companies in the survey have reported that the reduction of overseas orders and the lack of effective domestic demand are the main difficulties faced by enterprises.
Breakdown data: production index 507→50.2. Production expansion continues to slow down, but it is still expanding;
The new orders index was 494→48.7. How to save the stable demand for send;
Raw material purchase**507→51.5. Factory **482→47.7. Imported inflation, the price of raw materials has risen, and the price of finished products has decreased
Raw material inventory 480→47.7. Finished product inventory 482→47.8. There is no clear signal to the warehouse, mainly because the demand cannot be sent;
In terms of enterprise scale, large enterprises are 505→50.0, medium-sized enterprises 488→48.7. Small business 478→47.3. Medium-sized enterprises are slightly better than large and small enterprises, and they are all moving towards contraction, which is not particularly representative.
How to say, it is difficult to play a "low season" here, the deployment of the December meeting did not give any inspiring expectations, looking at the overall decline of the breakdown data, the demand is back to the state of sending and sending, what are we waiting for?