Aug RatingDog China manufacturing PMI 51.5, up 0.6 pts from July and marking the ninth consecutive month in expansion. Output and demand accelerated: production growth hit a three‑month high, overall new orders expanded faster than in July and new export orders rose at the fastest pace in six months. Price signals mixed: input costs ticked up modestly while factory‑gate prices fell — the first decline since 2026. Broadening demand, output and export strength point to continued near‑term PMI expa

Aug RatingDog China manufacturing PMI 51.5, up 0.6 pts from July and marking the ninth consecutive month in expansion. Output and demand accelerated: production growth hit a three‑month high, overall new orders expanded faster than in July and new export orders rose at the fastest pace in six months. Price signals mixed: input costs ticked up modestly while factory‑gate prices fell — the first decline since 2026. Broadening demand, output and export strength point to continued near‑term PMI expansion; cost pressures remain modest and controllable.