2 Feb 2015
Guangdong Manufacturing PMI (2015/01)
Guangdong Manufacturing PMI dipped 0.1 percentage point to 50.1 in Jan 2015, reflecting decrease in the indexes of output and new orders. Meanwhile, the indexes of raw material inventories, employment and suppliers deliveries recorded slight increase.
Note: The Guangdong manufacturing PMI is a composite index based on the diffusion indexes for the five major components: output, new orders, raw material inventories, employment, supplier delivery times. A PMI reading above 50 indicates that the manufacturing economy is generally expanding; below 50 indicates that it is generally declining.