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Guangdong Manufacturing PMI (2015/10)

Guangdong Manufacturing PMI dropped 1.4 percentage points to 48.3 in October. All the five components, indexes of output, new orders, raw material inventories, employment and supplier deliveries fell below the 50-mark in the month. Manufacturers had less incentive to buy raw materials and hire workers in view of the decreasing new orders and production situation.

Chart: 201104-201510 Guangdong Manufacturing PMI Composite Index
Chart: 201104-201510 Guangdong Manufacturing PMI Composite Index
Chart: PMI indexes from 201410 to 201510
Chart: PMI indexes from 201410 to 201510
Table: PMI indexes from 201410 to 201510
Table: PMI indexes from 201410 to 201510

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.

 

Source: The Economic & Information Commission of Guangdong Province

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