The August China Business Status Index released by the Changjiang Business School on Wednesday recorded 48.3, down slightly from 50.1 in July. The index is composed of four exponents in the form of an arithmetic average. This month, these four sub-indices showed a situation of one rise and three declines. The corporate sales outlook index rose from 60.0 last month to 60.3 this month. The corporate profit outlook index was 42.1 this month and 45.7 last month. The corporate financing environment index was 43.6 this month and 44.3 last month. The corporate inventory outlook index was 47.2 this month and 50.3 last month. In addition to the four indices mentioned above, the Changjiang Business School asked companies about their expectations of cost and price conditions in a questionnaire. The enterprise labor cost outlook index declined slightly this month. The index was 70.4 last month and 69.8 this month. The total enterprise cost outlook index showed a slight increase this month, from 70.4 last month to 70.9 this month. The consumer price outlook index declined slightly this month, from 46.6 last month's index to 43.9 this month.

Zhitongcaijing · 3d ago
The August China Business Status Index released by the Changjiang Business School on Wednesday recorded 48.3, down slightly from 50.1 in July. The index is composed of four exponents in the form of an arithmetic average. This month, these four sub-indices showed a situation of one rise and three declines. The corporate sales outlook index rose from 60.0 last month to 60.3 this month. The corporate profit outlook index was 42.1 this month and 45.7 last month. The corporate financing environment index was 43.6 this month and 44.3 last month. The corporate inventory outlook index was 47.2 this month and 50.3 last month. In addition to the four indices mentioned above, the Changjiang Business School asked companies about their expectations of cost and price conditions in a questionnaire. The enterprise labor cost outlook index declined slightly this month. The index was 70.4 last month and 69.8 this month. The total enterprise cost outlook index showed a slight increase this month, from 70.4 last month to 70.9 this month. The consumer price outlook index declined slightly this month, from 46.6 last month's index to 43.9 this month.