AI Data Insight
The latest Q3 2026 China Manufacturing PMI factory-gate price index surged to 50.4, rebounding sharply from the previous value of 47.8 and returning above the boom-or-bust line. Driven by higher raw material prices and policies to expand domestic demand, both production and demand expanded. However, attention should be paid to the risk of upstream cost pass-through squeezing mid-to-downstream profits.