PMI display: in May the manufacturing industry will maintain steady ...

China Federation of logistics and purchasing, NationalBureau of StatisticsSurvey on the service sector Center released in 2012 May China non-manufacturing business activity index, although relatively on the month fell slightly in 0.9Percentage points, but still maintain the higher level in 55.2%. The index since this year have been running at more than 55%, indicates that China?s manufacturing economy has maintained a stable and rapid development trend.From PMI, this month manufacturing economy activity showed the following characteristics:One, the market demand is relatively stable. This month, the new orders index reached 52.5%, 0.2 percentage points from the previous month back slightly. The index since this year is running smoothly, index levels were maintained at between 52.2%-53.5%, showing a relatively stable demand of market of manufacturing industry. In the concrete industry, construction industry new orders index reached 54.2%, before the May average remained at 55.9% levels. Show that although this year investment growth has slowed, but the construction industry market demand still maintain faster growth level in. As the key fields of investment gradually warming, railway, water conservancy infrastructure andConstruction of the western region(002302,SharesRigid), investment demand, will ensure that the construction industry market demand grow steadily. In addition, services new orders index 52.1%, before the May average remained at 52% levels. China?s service sector accounted for the proportion of the national economy has reached 43.1%. Service industry market demand stabilizes growth to a certain extent reflects China?s economic structure improvement and optimization. Pay attention to service industry reforms the effect that develops to the industry.Two, the development of each industry equilibrium. This month, construction industry business activity index 59.2%, service industry business activity index of 54.2%, maintained rapid growth trend. Specific industry, building industry, civil construction, retail and logistics and other major industry business activity index were maintained in a higher operating level. Data shows, the development of each industry is more balanced, facilitates a manufacturing economy overall stability.Three, inflation pressures continue to release. This month, reflect the cost of intermediate input price index fell to 53.6%, a decline of 4.3 percentage points lower than the ring, to further accelerate the pace of. In a specific industry, the upstream raw material prices decline effect, construction industry intermediate input price rapid fall after a rise, the intermediate input price index dropped to below 50%. In addition, reflect the terminal demand price is the price index for 48.5%, down to 50%. Two price index changes mean that the current inflationary pressures are expected to be further released, is conducive to the stability of macroscopical economy growth. But also to prevent the decline in economic growth process, partial industry prices fell faster, affect the normal business profits, and the market is not conducive to the smooth development of.Overall, the current non manufacturing economy still maintains flat steady rapidder growth pattern. Business activity preFutures indexA few remained in 65.4% to run high, reflecting the enterprise in the future market is expected to remain to improve, also means the steady growth is expected to continue the pattern. Need to pay attention to the non manufacturing industry, especially the development of service industry, to structural adjustment of our country economy and the transformation of development mode of the positive role.

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