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Guangdong Manufacturing PMI (2017/06)

Guangdong Manufacturing PMI rose by 0.1 percentage point to 51.0 in June. Indexes of output, new orders, raw material inventories and employment all stayed above the 50-mark, indicating rising confidence in Guangdong’s manufacturing sector and partly reflected the hot sales season in summer. Nonetheless, uncertainties remained as the index of supplier delivery recorded a rather significant drop in the month.

Chart: 2011.04-2017.06 Guangdong Manufacturing PMI
Chart: 2011.04-2017.06 Guangdong Manufacturing PMI
Chart: PMI indexes from 2016.06 to 2017.06
Chart: PMI indexes from 2016.06 to 2017.06
Table: PMI indexes from 2016.06 to 2017.06
Table: PMI indexes from 2016.06 to 2017.06

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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