中國5月“PMI”略高于50 全球市場愁眉不展（中級）

官方發(fā)布，中國5月制造業(yè)PMI下降到50.4，低于之前不少經(jīng)濟(jì)學(xué)家預(yù)測的52。該數(shù)據(jù)僅僅是剛過經(jīng)濟(jì)強(qiáng)弱分界點(diǎn)50。

China's official PMI in manufacturing sector fell to 50.4, which was lower than 52 expected by economists. It's also just marginally above that key breakeven level of 50.

分析:

上述新聞中的“PMI(Purchase Management Index)”意思是“采購經(jīng)理人指數(shù)”，是通過對企業(yè)采購經(jīng)理的月度調(diào)查結(jié)果統(tǒng)計(jì)匯總、編制而成的指數(shù)，它涵蓋了企業(yè)采購、生產(chǎn)、流通等各個(gè)環(huán)節(jié)，是國際上通用的監(jiān)測宏觀經(jīng)濟(jì)走勢的先行性指數(shù)之一，具有較強(qiáng)的預(yù)測、預(yù)警作用。PMI通常以50%作為經(jīng)濟(jì)強(qiáng)弱的分界點(diǎn)，PMI高于50%時(shí)，反映制造業(yè)經(jīng)濟(jì)擴(kuò)張;低于50%，則反映制造業(yè)經(jīng)濟(jì)收縮。

CPI(消費(fèi)物價(jià)指數(shù))和PMI的區(qū)別：簡單說來CPI與居民生活有關(guān)的產(chǎn)品及勞務(wù)價(jià)格統(tǒng)計(jì)出來的物價(jià)變動指標(biāo)，而PMI反應(yīng)的是某個(gè)國家某個(gè)行業(yè)的經(jīng)濟(jì)變化趨勢。CPI連續(xù)上漲會引發(fā)通脹，而PMI 上漲則說明經(jīng)濟(jì)內(nèi)在動力強(qiáng)勁。

一些相關(guān)詞匯：

manufacturing sector 制造業(yè)

purchasing manager 采購經(jīng)理

monthly survey 月度調(diào)查

service price 勞務(wù)價(jià)格

inflation 通貨膨脹

deflation 通貨緊縮

例句：

The American PMI grew faster than expected, offering a positive note amid worries about the state of the economic recovery.

美國的采購經(jīng)理人指數(shù)增長超過預(yù)期，這在經(jīng)濟(jì)復(fù)蘇目前令人擔(dān)憂的狀況中給人帶來了一個(gè)積極的音符。

The weak PMI makes an unwanted birthday gift for the Chinese Communist party, which celebrates its 90th anniversary on Friday.

疲軟的采購經(jīng)理人指數(shù)給在星期五慶祝90周年紀(jì)念日的中國共產(chǎn)黨獻(xiàn)上了一份多余的禮物。

The rise in the PMI surprised many market participants and lifted the pound against the dollar and euro.

采購經(jīng)理人指數(shù)的上升使很多市場參與人吃驚并且使英鎊相對于美元和歐元升值。