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wholesale bulk costume jewelry What is the difference between the official PMI index and Caixin PMI index?

wholesale bulk costume jewelry

1 thought on “wholesale bulk costume jewelry What is the difference between the official PMI index and Caixin PMI index?”

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    PMI Index's English is called Managers Index. The Chinese meaning is the purchasing manager index. It is the index summarized by the monthly survey of the purchasing manager, reflecting the trend of economic changes. PMI is a monthly release, comprehensive economic monitoring indicator system. It is divided into manufacturing PMI and service industry PMI. Some countries have established the construction industry PMI.

    PMI usually uses 50%as the boundary point of economic strength. When the index is higher than 50%, it is interpreted as a signal of economic expansion; when the index is less than 50%, especially when it is very close to 40%, there is a possibility of economic depression.

    I sometimes see the data released by the official PMI index and the Caixin PMI index. Why?

    The official PMI value was released by the China Logistics and Procurement Federation and the National Bureau of Statistics of China. The samples exceeded 3,000. The data survey was mainly large and medium -sized enterprises.

    If financial PMI systems include the financial new China manufacturing PMI and Caixin China service industry PMI, and the manufacturing output (production) index and service industry business activities (business activities) The index is weighted average. 430 sample companies can better reflect the situation of SMEs.

    The differences between the two data are inevitable. The strong performance of the official PMI is in stark contrast to the weakness of the Fortune PMI final value. This may to a certain extent, the financial new PMI caused by the difference between the samples of the two covers more small and medium -sized and export -oriented enterprises, and the official PMI sample volume is much larger, which may better reflect the overall domestic demand demand Happening.

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