According to the China Federation of Logistics and Purchasing (CFLP), the Purchasing Managers Index (PMI) of China's manufacturing sector stood at 54.3 percent in September, up 0.3 percentage points from a month earlier.
In the month of September, indices measuring new orders (including both domestic and export orders), new export orders and output in China's manufacturing sector rose by 0.5, 1.2 and 0.1 percentage points respectively to 56.8 percent, 53.3 percent and 58.0 percent. Meanwhile, the finished product inventory index was at 46.0 percent, down 0.5 percentage points compared with the previous month. The purchasing price index in September was down 5.1 percentage points month on month to 57.5 percent, the first slide since November 2008.