China's Manufacturing PMI Returned to the Expansion Range in November, Production and New Orders Index Increased MoM

Published: Nov 30, 2021 09:53
NBS: China's manufacturing Purchasing Managers’ Index (PMI) stood at 50.1% in November, up 0.9% MoM, indicating that manufacturing industry returned to expansion range.

SHANGHAI, Nov 30 (SMM) – NBS: China's manufacturing Purchasing Managers’ Index (PMI) stood at 50.1% in November, up 0.9% MoM, indicating that manufacturing industry returned to expansion range.

The production index stood at 52.0%, up 3.6% on the month, indicating that production of manufacturing was bullish. The new order index stood at 49.4%, up 0.6% on the month, as demand improved.
 

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
China's Manufacturing PMI Returned to the Expansion Range in November, Production and New Orders Index Increased MoM - Shanghai Metals Market (SMM)