February PMI 52.2%

The current economic growth is still in a smooth and moderate growth zone newspaper Beijing, March 1 (reporter Du Haitao) China Logistics and Procurement Federation released today, the chain fell 0.7%, the decline is significantly smaller than last month. Although the chain fell, but compared with the same period last year, still rebounded 0.2%.　　Shows that the current economic growth is still in a moderate growth zone. Analysts pointed out that, from the trend of PMI changes, the current economic development presents the following characteristics: First, production growth continues to decline, reduce the decline. The production index this month was 53.8%, down 1.5% from last month. Second, domestic demand is basically stable. The New Order index of 54.3% this month, down 0.6% from last month, shows that the current domestic demand is basically stable. Third, the market price rising trend is still outstanding. In February, the purchase price index was 70.1%, up 0.8% from last month. Mainly for raw materials and energy, intermediates and production of manufactured goods to buy a higher price index, all reached more than 70%. Rising costs and inflationary pressures remain high.