China's August PMI Rises Slightly to 49.4, Up from July's 49.3
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 31 2025
0mins
Should l Buy PM?
Source: WSJ
Manufacturing Sector Overview
- Manufacturing Gauge Performance: China's official manufacturing purchasing managers index (PMI) increased slightly to 49.4 in August, up from 49.3 in July, indicating a marginal improvement in factory output.
- Contraction Status: Despite the slight rise, the PMI remains below the critical threshold of 50 for the fifth consecutive month, signaling ongoing contraction in the manufacturing sector.
Economic Expectations
- Forecast Comparison: The August PMI reading fell short of economists' expectations, which had predicted a figure of 49.5 according to a Wall Street Journal survey.
- Market Demand Concerns: The data reflects subdued market demand, suggesting that while production may be picking up, overall economic activity in the manufacturing sector is still struggling.
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Analyst Views on PM
Wall Street analysts forecast PM stock price to rise
11 Analyst Rating
8 Buy
3 Hold
0 Sell
Moderate Buy
Current: 157.330
Low
175.00
Averages
191.95
High
210.00
Current: 157.330
Low
175.00
Averages
191.95
High
210.00
About PM
Philip Morris International Inc. is an international tobacco company. The Company’s product portfolio primarily consists of cigarettes and smoke-free products. Its smoke-free business (SFB) also includes wellness and healthcare products, as well as consumer accessories, such as lighters and matches. The Company’s segments include Europe Region; South and Southeast Asia, Commonwealth of Independent States, Middle East and Africa Region (SSEA, CIS & MEA); East Asia, Australia & PMI Global Travel Retail (EA, AU & PMI GTR), and Americas Region. The Company's brands include Marlboro, HEETS, IQOS, IQOS ILUMA, TEREA, VEEV and ZYN. Its IQOS smoke-free product brand portfolio includes heated tobacco and nicotine-containing vapor products. Its international cigarette brands are Chesterfield, L&M, and Philip Morris. It also owns a number of local cigarette brands, such as Dji Sam Soe and Sampoerna A in Indonesia, and Fortune and Jackpot in the Philippines.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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