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Guangdong Manufacturing PMI (2018/07)

Guangdong Manufacturing PMI dropped slightly to 50.2 in July 2018 from 50.6 in June. The index has remained in the expansionary zone for 29 consecutive months. However, the sub-index for new orders dropped by 1.8 to 50.4. The sub-index for new export orders improved marginally to 49.9 from 48.4 but was still in the contractionary zone. The sub-indices for major industry sectors that were still in the expansionary zone included electronics, food & beverages, automobile and pharmaceutical.

Chart: 2011.04-2018.07 Guangdong Manufacturing PMI
Chart: 2011.04-2018.07 Guangdong Manufacturing PMI
Chart: PMI indexes from 2017.07 to 2018.07
Chart: PMI indexes from 2017.07 to 2018.07
Table: PMI indexes from 2017.07 to 2018.07
Table: PMI indexes from 2017.07 to 2018.07

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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