October Non-manufacturing Business activity index was 60.5%

October 2010 China Logistics and Purchasing Association released China's non-manufacturing Business activity index for 60.5% October 2010, China's Logistics and Purchasing Association (CFLP) issued a Chinese non-manufacturing Business activity index of 60.5%, down 1.2% from last month. Since the non-manufacturing sector does not have a composite index, the overall change in the non-manufacturing economy is usually reflected in the business Activity index.　　The new export Order index, Inventory index and intermediate input price index edged up slightly in each of China's non-manufacturing PMI indices this month, while the rest of the major indices fell to varying degrees. Cai Jin, vice president of China's Logistics and Procurement Federation, said: October, non-manufacturing PMI was 60.5%, although slightly lower than last month and the same period last year, but still four consecutive months to maintain more than 60%. The market shows a steady and rapid growth trend. Retail sales continued to remain high in October and most of the industry was above 50%. It shows that the market operation is more coordinated and orderly. The real estate index rebounded in September, showing a fall in October, and the market is again on the sidelines. Input prices have continued to climb for 5 consecutive months, inflationary pressures are accumulating, price changes are not optimistic, regulatory policies need to be based on market changes camera choice.　　China non-manufacturing Business Activity Index Trend chart (%) The new Order index fell slightly. The October 2010 New Order index was 56.3%, down 0.6% from last month. In terms of industry, the highest producer service industry is 57.1%, the construction industry is 56.1%, the consumer service industry is the lowest, 55.9%.　　In 20 industries, retail, residential, telecommunications and other information transmission services and water transport industries are above 50%; real estate and other services are below 50%. New export orders index edged up. The new export Order index for October 2010 was 52.2%, up 0.8%. In terms of industry, consumer services are the highest, up to 53.2%, construction second, 52.1%, and producer services the lowest, 51.2%. In 20 industries, the construction and decoration industry, accommodation industry, aviation industry, railway transport and leasing and business services industry are above 50%, construction and installation industry, telecommunications and other information transmission services and real estate industry are located in 50%; pipelines and other transportation and warehousing industries,　　The environment and public facilities management industry and the postal industry are below 50%. The intermediate input price index continued to rise. In October 2010, the median input price index was 61.4%, and the chain rose by 0.9%. In terms of industry, the construction industry is the highest, 64.4%, consumer services, 62.4%, and producer services the lowest, 58.4%.　　Among the 20 industries, the median input price index for the housing, catering, building decoration, construction and installation industries, pipelines and other transport and warehousing industries, the building and civil engineering construction and the rail transport industry is above 50%. Business Activity expected index high correction. October 2010 BusinessActivity expected an index of 63.7%, down 3.5% from last month. In terms of industry, producer services are the highest, 66.5%, consumer services are 62.5%, and construction is the lowest, 61.7%.　　Of the 20 industries, 19 sectors, including retailing, telecommunications and other information transmission services, computer services and software, wholesale, construction and installation and postal services, were above 50%; China's non-manufacturing PMI index system consists of business activities, new orders, new export orders, backlog orders, inventories, intermediate input prices, fee prices, employees, supplier delivery time, and expected 10 proliferation indices for business activities. Since there is no synthetic index, the overall situation of non-manufacturing economic development is usually reflected by the index of business activity in the world, which is generally above 50%, reflecting the overall rise or growth of the non-manufacturing economy, below 50%, reflecting the decline or fall of the non-manufacturing economy.