AI Data Insight
China's manufacturing PMI major raw materials purchase price index reached 60.8 in September 2026, a significant increase from the previous value of 56.6, indicating a substantial rise in raw material cost pressures. Benefiting from rising international commodity prices and recent strong macroeconomic policy stimuli, the overall manufacturing sector has returned to the expansion zone. However, attention must be paid to the subsequent risk of profit margins for mid-to-downstream enterprises being squeezed by costs.