獨立指標(biāo)顯示中國服務(wù)業(yè)反彈

由雕龍文庫 分享時間：2024-03-02 15:41:28 收藏本文

An independent gauge of China’s services sector growth rebounded last month from a nearly 12-month low, narrowing the spread with its official counterpart and pointing to greater divergence with the country’s manufacturing sector.

中國服務(wù)業(yè)增長的一個獨立指標(biāo)上月從近12個月來的低點反彈，收窄了與官方指標(biāo)之間的差距，同時與中國制造業(yè)的表現(xiàn)拉大差距。

The Caixin-Markit services purchasing managers’ index came in at 52.8 in May, up from 51.5 in April and further above to the 50-point mark separating growth from contraction.

5月，財新(Caixin) Markit服務(wù)業(yè)采購經(jīng)理人指數(shù)(PMI)達到52.8，高于4月的51.5，與50這個榮枯分界線進一步拉開距離。

The rise ended a four-month streak of weakening growth and tightened the Caixin gauge’s spread with an official services PMI sub-index produced by China’s statistics bureau to 0.7, from 1.1 in April.

這一上升結(jié)束了連續(xù)四個月的增長下滑，并使財新指數(shù)與中國國家統(tǒng)計局(NBS)編制的官方服務(wù)業(yè)PMI指數(shù)之間的差距收窄至0.7，小于4月的1.1。

That was in contrast to Caixin’s manufacturing PMI released this week, which fell into contractionary territory with a reading of 49.6. The Caixin gauges focus primarily on smaller and private firms, while those from the National Bureau of Statistics primarily track larger, state-owned enterprises.

這個局面與本周發(fā)布的財新制造業(yè)PMI的情況形成對照，后者跌入收縮區(qū)間，至49.6。財新的指數(shù)主要聚焦于中小企業(yè)和民營企業(yè)，而國家統(tǒng)計局主要跟蹤較大的國有企業(yè)。

The independent services gauge rose in April to the strongest level since January thanks to a second straight uptick in new orders, though staff numbers rose at the slowest pace so far for the current nine-month streak of growth. That pushed work backlogs up after a marginal fall in April.

5月財新服務(wù)業(yè)PMI升至1月以來的最強勁水平，原因是新訂單連續(xù)第二個月上揚，盡管員工人數(shù)在此輪持續(xù)已9個月的增長中，正以迄今最慢的速度上升。這使積壓工作量在4月略微下降后出現(xiàn)回升。

Output costs rose again for a fourteenth month running while input costs likewise grew on the back of more expensive raw materials and higher staff wages.

產(chǎn)出成本連續(xù)第14個月上漲，而投入成本同樣隨著原材料價格和員工工資提高而上漲。