6月財新中國製造業PMI降至51.3三個月以來新低 遜預期
2021年6月財新中國製造業PMI降至51.3,低於5月0.7個百分點,爲三個月以來的低點,顯示受疫情反覆和供應鏈受阻影響,6月中國製造業增長勢頭減弱。市場原預期僅微降至51.9。
據《財新網》報道,6月製造業供給與需求增速放緩,生產指數高於50臨界值,但已降至2020年4月以來最低。新訂單指數錄得三個月來最低,新出口訂單指數僅略高於榮枯分界線,受訪企業表示近期國內外疫情反覆對供求兩側均有負面影響。
與新增業務的趨勢一致,數據顯示,6月採購活動增速同樣放緩,整體僅有小幅擴張。企業反映,供應商存貨不足,加上物流交付遲緩,導致供應鏈出現問題。
就業方面,製造業企業繼續增加用工,就業連續第三個月保持擴張,就業指數錄得近七個月最高。
6月採購庫存指數今年以來首次升入擴張區間,爲交付訂單,部份企業增加動用現有產成品庫存,導致製造業成品庫存降幅擴大,產成品庫存指數創2016年5月以來新低。
6月中國製造業平均投入成本漲幅有所放緩,但仍屬顯着,主因在於金屬和燃料等生產資料價格上漲,加劇了成本負擔。部份製造商選擇上調銷售價格,成本端壓力傳導至需求側,出廠價格走勢與投入價格一致,但漲幅較5月明顯放緩。
6月製造業產出預期指數與上月持平,同爲五個月來最低。不過,相比歷史數據而言,當月整體樂觀度仍然高企。未來隨着疫情防控和新產品發佈,國內外需求有望繼續復甦。
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