AI Data Insight
In the fourth quarter of 2026, China's manufacturing factory-gate price index fell to 51.7, declining 2.3 percentage points from the previous period (Q3 2026) at 54.0. Despite the drop, the indicator remains above the 50 boom-bust line, indicating that while the price increase of industrial goods has slowed, it remains supported. As the long holiday effect fades and both domestic and external demand weaken, the overall manufacturing PMI unexpectedly fell below the boom-bust line, reflecting intensifying operational pressures on enterprises.