In August China non-manufacturing business activity index of 56.3 ...

China Federation of logistics and purchasing, NationalBureau of StatisticsSurvey on the service sector Center released in 2012 August China non-manufacturing business activity index for 56.3%, annulus comparing rises 0.7Percentage points. Due to a manufacturing no comprehensive index, usually in business activity index to reflect the manufacturing economy to overall changes.This month in China, non-manufacturing PMI index in each individual, new orders, orders in hand index and business activities of theFutures indexNumber lower than the ring, the ring were rising index. Among them, intermediate input price index rose rapidly, more than 7 percentage points; the price index rose by 2.5 percentage points; the rest of the index rises 1 percentage points.China Federation of logistics and purchasing vice president Cai Jin: August, business activity index of high rise, reflect a manufacturing economy to the steady growth more show. Especially in the retail, catering and other consumer services rose significantly and the information service industry is active, steady growth has laid a solid foundation. Civil engineering construction the new orders index rose for the two consecutive month, the steady growth that introduced the related investment policy effect begins to show. This month the intermediate input price index and price index have picked up, especially the intermediate input price index increased significantly, on one hand reflects the economic and market began to become active, on the other hand to be alert to the price in the international market, especially grain and oil (96.27, -0.20, -0.21%) rise in prices brought about by the imported inflation pressure. From the market situation, this year, consumer demand for the steady growth of the increasingly prominent role. Steady growth in investment and stable at the same time, should pay attention to enhance consumption pulling effect on the economy.The new orders index lower than the ring. In 2012 August, new orders index was 52.7%, 0.5 percentage points lower than last month. Sub-industry, construction of new orders index was 55.3%; service industry new orders index was 52.1%. In 19 industries, the air transport industry,InternetSoftware and information technology services, leasing and business service industry and the housing industry and other industries is higher than 50%; road transport, water transport, construction and installation of decoration and other construction industry, railway transportation industry and real estateIndustryIndustry below 50%.The new export orders index rebounded slightly. In 2012 August, the new export orders index for 49.6%, than going up the month rose 0.2 percentage points. Sub-industry, construction of new export orders index was 57.9%; the service industry the new export orders index 47.5%. The 19 industry, handling and storage, air transport, leasing and business services, civil engineering construction industry and building industry and other industries is higher than 50%; resident services and repair services, wholesale trade, real estate and road transport industry is less than 50%.Intermediate input price index increased obviously. In 2012 August, intermediate input price index for 57.6%, annulus comparing rises 7.9 percentage points. Branch industry, construction industry intermediate input price index 50.9%; services intermediate input price index 59.3%. The 19 industry, catering industry, aviation industry, hotel industry, and handling and warehousing industries is higher than 60%; retail, Internet software and information technology services, leasing and business services sector and the wholesale industry in between 50%-60%; the housing industry?s intermediate input price index of less than 50%.Practitioners index slightly rise. In 2012 August, practitioners index for 51.7%, than going up the month rose 0.3 percentage points. Sub-industry, employees in the construction industry index 55.6%; service industry practitioners index 50.7%. The 19 industry, aviation industry, building industry, catering industry, postal industry and civil engineering construction industry and other industries is higher than 50%; the road transport industry, resident services and repair industry, material handling and warehousing industry and retail industry below 50%.Business expectations index fell slightly. In 2012 August, business activity index for the expected 63.2%, last month fell 0.7 percentage points. Branch industry, construction industry business activity index for the expected 65%; service business activity index for the expected 62.7%. The 19 industry, postal services, retail, lodging industry, building industry and Telecommunications broadcast television and satellite transmission services and other industries more than 60%; the road transport industry, real estate, transportation of railway and water transportation industry and other industries in between 50%-60%; residents of the service sector is less than 50%.Non manufacturing PMI1 seasonal adjustmentSurveys of purchasing managers is a monthly survey, affected by seasonal factors, data fluctuation. At present, China?s manufacturing PMI time sequence has to meet the seasonal adjustment technology requirement, since 2012 March released after adjustment for non-manufacturing PMI index classification.2 indicators to explainChina non-manufacturing PMI index system, the business activity index, new orders index, the new export orders index, index, stock index orders in hand, intermediate input price index, price index, practitioners index, supplier delivery time index, business activities of 10 index such as the classification index. Since there is no synthetic non-manufacturing PMI index, use normally on international business activity index of reflecting the manufacturing industry of economic development, economic strength to 50% as the cut-off point, higher than 50%, reflecting the manufacturing industry economic expansion; below 50%, reflecting a manufacturing economy to contract.3 the scope of the investigationRelating to the ?classification of national economic industries? (GB/T4754-2011) of manufacturing industry in 27 industry categories, from the manufacturing industry enterprise selected 1200 sample enterprise investigation.4 methods of investigationNon manufacturing purchasing managers were investigated using PPS (ProbabilityProportionaltoSize) sampling method, the manufacturing industry categories for the layer, sample quantity according to the industry increases a value to occupy all of manufacturing industry increases value proportion allocation, layer samples using and enterprise main business income is proportional to the probability of extraction.The present investigation used network direct reporting to investigate patterns of Enterprise Purchasing Manager Purchasing Manager for the monthly questionnaire.5 calculation methodNon Manufacturing Purchasing Manager questionnaire concerning the business volume, new orders (business), export, inventory, orders in hand, intermediate input prices, prices, employee, supplier delivery time, business activities are expected in 10 problems. For each question were calculated diffusion index, namely the positive answer enterprise number percentage plus half of the percentage of answer.

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