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Guangdong Manufacturing PMI (2016/03)

Guangdong Manufacturing PMI rebounded by 2 percentage points to 50.2 in March 2016. The indexes of output, new orders, raw materials inventories and employment rose above the 50-mark in the month, indicating that Guangdong’s manufacturing enterprises have resumed normal operation after the Chinese New Year. Meanwhile, the index of supplier deliveries went up in the month.

Chart: 201104-201603 Guangdong Manufacturing PMI Composite Index
Chart: 201104-201603 Guangdong Manufacturing PMI Composite Index

 

Chart: PMI Indexes from 201502-201603
Chart: PMI Indexes from 201502-201603

 

Table: PMI Indexes from 201502 to 201603
Table: PMI Indexes from 201502 to 201603

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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