Vladimír Urbánek (Kurzy.cz)
Macroeconomics  |  December 14, 2012 09:58:21

China - the situation in the manufacturing sector improved further in December, the growth of PMI


According to statistics, HSBC Holdings / Markit Economics Chinese manufacturing sector in December increased the pace of its growth. According to preliminary data, purchasing managers index for December rose to 50.9 points compared to 50.5 points in November. Reckoned in the market with an average increase in the index to 50.8 points. If the preliminary data confirms grow PMI index for the second time after the previous 13měsíčním decline.

The report strongly responded positively to the Chinese stock markets, which grew the most in the last three years. Shanghai Composite Index grew by 4.3%, thereby reducing annual result to -2.2%.
Confirmation of manufacturing activity growth is perceived as significantly more positive signal indicating the possibility of total recovery of the Chinese economy. 3Q GDP grew by 7.4%, ie the lowest rate in the last three years. For Q4 is estimated improvement over the 8% mark.

Preliminary data on the development of PMI is based on data from 85-90% of the respondents from 420 companies. Final data will be published on 31 December.

A government report on the development of PMI for November showed growth to 50.6 points, which was the highest level since April. December result will be available 1 January.
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Čína - situace ve výrobním sektoru se v prosinci dále zlepšuje, růst PMI

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