Climate Index for China Nonferrous Metals Industry Down in August

SHANGHAI, Sept. 14 (SMM) – The Chinese nonferrous metals climate index  jointly compiled by the China Nonferrous Metals Industry Association (CNIA), China Economy Industry Climate Index Research Center, and the National Bureau of Statistics (NBS),  fell 1 percentage point to 26.9 in August 2017.

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The leading indicator of the industry decreased 0.3 percentage point to 62.2, and the coincidence index was 2.0 percentage point to 71.7.

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The climate index of the nonferrous metals industry declined further in August, but remained at normal level. 

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