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3月份中國企業信心指數與上月持平

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Business sentiment in China held steady in March, but still remains downbeat on the whole.

ing-bottom: 129.55%;">3月份中國企業信心指數與上月持平

3月份中國企業信心指數保持平穩,不過總體上依然低迷。

The MNI China business sentiment index has come in at 49.9, steady on February’s level and the second straight month it has been below the 50 mark that separates optimism from pessimism.

3月份,MNI中國企業信心指數(MNI China Business Indicator)讀數爲49.9,穩定在2月份的水平。這也是該指數連續第二個月低於50。50是該指數區分樂觀和悲觀的榮枯線。

An upshot, MNI said, is that “firms remained more upbeat about the coming three months” with the future expectations indicator rising further above the current measure.

MNI表示,其中一個調查結果是,“企業對今後三個月依然持更加樂觀的態度”,未來預期指數在目前讀數的基礎上進一步增加。

MNI pointed out weakness in overall sentiment is masking improvements in other key parts of the survey, in particular production and new orders, which picked up this month after a retreat in February.

MNI指出,企業總體信心的疲軟掩蓋了調查中其他重要子項目情況的改善,尤其是生產和新訂單方面,它們在2月份的下跌後已在本月回升。

The People’s Bank of China’s recent cut to commercial banks’ reserve requirement ratio took place during the March survey period, and MNI says this was partly reflected in the results, with the cost of credit measure edging lower from February.

中國央行(PBoC)近期降低商業銀行存款準備金率就發生在3月份的調查期間,MNI表示這在調查結果中也有部分體現,信貸成本指數略低於2月份。

Although increased disinflationary pressures in the prices that companies charge were still evident in March, this was present alongside an unexpected rise in input prices, MNI said.

MNI表示,儘管3月份企業報價中通縮壓力增大的跡象仍然十分明顯,與這種現象伴隨的,卻是投入價格出人意料的上升。

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