Серия «Chinese economic news»

Purchasing Managers Index (PMI)

Purchasing Managers Index (PMI) Китай, США, Россия, Экономика, Деньги

PMI is an important index that reveals the health of the economy.

PMI index releases on a monthly basis by special institutions, showing how healthy/unhealthy the economy is in a certain country.

PMI reading is over 50- economic expansion
PMI reading equals 50- economic stagnation
PMI reading is below 50-economic contraction

Countries' PMI index in March:

1. Russia 55.8 (S&P Global)
2. China 50.8 (PMI released by the National Bureau of Statistics (NBS))
3. USA 51.9 (S&P Global)

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China's Purchasing Managers Index reaches 50.8 in March

China's Purchasing Managers Index reaches 50.8 in March Экономика, Деньги, Производство, Английский язык, Китай

China's manufacturing purchasing managers index rises up to 50.8 in March from 49.1 in February. It's the first expansion in six months, according to National Bureau of Statistics. However, some analytics believe the index rose mostly due to the low costs of production while market remained tepid.

PMI is a measure of economic health.

PMI complies info on production levels, new orders. supplier deliveries, inventories, employment levels.

  • PMI reading > 50 economic expansion.

  • PMI reading=50-economy unchanged.

  • PMI reading <50 - economic contraction.

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