In October, the non-manufacturing business activity index was 49.7%, down 0.5 percentage points from the previous month, and the level of non-manufacturing sentiment declined. By industry, the index of business activity in the construction industry was 48.0%, down 2.3 percentage points from the previous month; the index of business activity in the service sector was 50.0%, down 0.2 percentage points from the previous month. Looking at the service industry, the indices of business activity in industries such as railway transportation, water transportation, postal services, Internet software, and information technology services are all in the high boom range above 55.0%; the indices of business activity in capital market services, insurance, real estate and other industries are all below the critical point. The new orders index was 44.4%, down 2.1 percentage points from the previous month, indicating a decline in demand sentiment in the non-manufacturing market. By industry, the index of new orders in the construction industry was 40.0%, down 5.7 percentage points from the previous month; the index of new orders in the service sector was 45.2%, down 1.5 percentage points from the previous month. The input price index was 51.5%, down 1.0 percentage point from the previous month, indicating that the overall increase in the price of inputs used by non-manufacturing enterprises for business activities has narrowed. By industry, the construction industry input price index was 52.4%, down 1.6 percentage points from the previous month; the service industry input price index was 51.4%, down 0.8 percentage points from the previous month. The sales price index was 49.5%, down 0.8 percentage points from the previous month, indicating a decline in the overall sales price level of non-manufacturing enterprises. By industry, the sales price index for the construction industry was 48.9%, up 0.4 percentage points from the previous month; the sales price index for the service industry was 49.6%, down 1.0 percentage point from the previous month. The employee index was 46.0%, up 0.1 percentage points from the previous month, indicating a slight improvement in the employment climate of non-manufacturing enterprises. By industry, the index of workers in the construction industry was 42.0%, down 2.3 percentage points from the previous month; the index of workers in the service sector was 46.7%, up 0.5 percentage points from the previous month. The expected business activity index was 54.7%, down 0.8 percentage points from the previous month. It is still above the critical point, indicating that non-manufacturing enterprises maintain confidence in market development. By industry, the expected index of business activity in the construction industry was 52.3%, down 3.1 percentage points from the previous month; the expected index of business activity in the service sector was 55.2%, down 0.3 percentage points from the previous month.

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