August 1, 2010 – BEIJING, Aug 1 (Reuters) - China's official purchasing managers' index (PMI) fell to 51.2 in July from 52.1 in June, the China Federation of Logistics and Purchasing (CFLP) said on Sunday.
The federation compiles the index on behalf of the National Bureau of Statistics.
The reading was close to the median forecast of 51.1 in a Reuters poll of 11 economists. [ID:nTOE66Q030]
It was the 17th straight month that the official PMI stood above the threshold of 50 that demarcates expansion from contraction.
The index hit a record low of 38.8 in November 2008 and was last below 50 in February 2009.
Following is a breakdown of the purchasing managers' index:
July Jun May Apr Mar Feb
Jan Dec Overall PMI 51.2 52.1 53.9 55.7 55.1 52.0 55.8 56.6 Output 52.7 55.8 58.2 59.1 58.4 54.3 60.5 61.4 New orders 50.9 52.1 54.8 59.3 58.1 53.7 59.9 61.0 New export orders 51.2 51.7 53.8 54.5 54.5 50.3 53.2 52.6 Backlogs of orders 46.8 47.4 49.7 53.4 52.0 47.1 49.9 52.4 Stocks of finished goods 49.9 51.3 49.8 46.2 48.3 47.3 47.3 47.1 Quantity of purchases 52.2 53.5 56.0 60.1 58.1 51.9 60.5 61.0 Imports 49.3 50.4 50.9 53.1 53.7 49.1 53.4 52.5 Input prices 50.4 51.3 58.9 72.6 65.1 61.1 68.5 66.7 Stocks of purchases 47.8 49.4 51.0 51.5 50.6 48.1 52.2 51.4 Employment 52.2 50.6 52.1 53.2 52.9 49.9 50.6 52.2 Suppliers delivery times 49.9 50.0 50.9 51.1 50.5 49.7 51.0 50.8 (Reporting by Aileen Wang and Alan Wheatley)
