金融英语原文阅读练习:PMI又见增长反弹

 　　金融英语

　　The country‘s manufacturing sector¹ saw accelerated growth in August， ending a three-month long moderation.

　　The official purchasing managers’ index （PMI） co-compiled by the National Bureau of Statistics （NBS） and the China Federation² of Logistics and Purchasing （CFLP） registered 51.7 in August， remaining above the expansion-contraction line of 50 for 18 consecutive³ months， the CFLP announced Wednesday. The PMI reading hit a 17-month low of 51.2 in July， after a decline for the third consecutive month.

　　Six sub-indexes saw a rise in August compared to the previous month. Finished goods inventory⁴ was down， indicating a demand revival⁵.

　　Analysts⁷ attributed the rebound⁸ from July to August mainly to seasonality⁹， because the reading never has fallen between the two summer months since it was released in 2005. However， they still gained confidence from the reading.

　　“Overall， we believe the PMI shows that manufacturing sector activity accelerated modestly in August and that the expansion in manufacturing activity is likely to continue in the months ahead，” economists¹¹ Tomo Kinoshita and Sun Chi with Nomura Securities said in a research note Wednesday.

　　The rebounding¹² PMI， growth in investment， retail¹³ sales and exports suggest that the economy won‘t slip back into recession， CFLP analyst⁶ Zhang Liqun told the Global Times. The economy is moderating from rapid growth to more sustainable growth at slower pace， Zhang said.

　　The HSBC PMI reading released Wednesday also rose to a three-month high of 51.9 in August， returning to expansionary territory from July’s 49.4.

　　“The rebound may make policy-making departments feel okay about the current tightening¹⁴ policies， posing risks of a delay in the transition to policies that secure economic growth，” warned Lu Zhengwei， a senior economist¹⁰ with the Industrial Bank of China.

　　There are also concerns that the official PMI after adjusting for seasonality actually indicated a remaining weak growth in manufacturing activity.

　　If industrial production data， due to be released by NBS September 13， confirms the continued weakness as suggested by the PMI data， there will be more downside risks to their 10.1 percent 2010 GDP growth forecast， Goldman Sachs economists Song Yu and Qiao Hong wrote in a note Wednesday.

　　The input¹⁵ price component¹⁶ that saw a sharp jump of 10.1 points to 60.5 in August is likely to translate into a rebound in producer price index inflation， they wrote.

1 sector   

n.部门，部分；防御地段，防区；扇形

参考例句：

• The export sector will aid the economic recovery. 出口产业将促进经济复苏。
• The enemy have attacked the British sector.敌人已进攻英国防区。

2 federation   

n.同盟，联邦，联合，联盟，联合会

参考例句：

• It is a federation of 10 regional unions.它是由十个地方工会结合成的联合会。
• Mr.Putin was inaugurated as the President of the Russian Federation.普京正式就任俄罗斯联邦总统。

3 consecutive   

adj.连续的，联贯的，始终一贯的

参考例句：

• It has rained for four consecutive days.已连续下了四天雨。
• The policy of our Party is consecutive.我党的政策始终如一。

4 inventory   

n.详细目录，存货清单

参考例句：

• Some stores inventory their stock once a week.有些商店每周清点存货一次。
• We will need to call on our supplier to get more inventory.我们必须请供应商送来更多存货。

5 revival   

n.复兴，复苏，（精力、活力等的）重振

参考例句：

• The period saw a great revival in the wine trade.这一时期葡萄酒业出现了很大的复苏。
• He claimed the housing market was showing signs of a revival.他指出房地产市场正出现复苏的迹象。

6 analyst   

n.分析家，化验员；心理分析学家

参考例句：

• What can you contribute to the position of a market analyst?你有什么技能可有助于市场分析员的职务？
• The analyst is required to interpolate values between standards.分析人员需要在这些标准中插入一些值。

7 analysts   

分析家，化验员( analyst的名词复数 )

参考例句：

• City analysts forecast huge profits this year. 伦敦金融分析家预测今年的利润非常丰厚。
• I was impressed by the high calibre of the researchers and analysts. 研究人员和分析人员的高素质给我留下了深刻印象。

8 rebound   

v.弹回；n.弹回，跳回

参考例句：

• The vibrations accompanying the rebound are the earth quake.伴随这种回弹的振动就是地震。
• Our evil example will rebound upon ourselves.我们的坏榜样会回到我们自己头上的。

9 seasonality   

季节性

参考例句：

• a high degree of climatic seasonality 明显的季节性气候变化
• Confinement. Seasonality of tourist trade, animals often 'contracted' to work. 限制，在旅游旺季时，动物们通常都得被迫“上工”。 来自互联网

10 economist   

n.经济学家，经济专家，节俭的人

参考例句：

• He cast a professional economist's eyes on the problem.他以经济学行家的眼光审视这个问题。
• He's an economist who thinks he knows all the answers.他是个经济学家，自以为什么都懂。

11 economists   

n.经济学家，经济专家( economist的名词复数 )

参考例句：

• The sudden rise in share prices has confounded economists. 股价的突然上涨使经济学家大惑不解。
• Foreign bankers and economists cautiously welcomed the minister's initiative. 外国银行家和经济学家对部长的倡议反应谨慎。 来自《简明英汉词典》

12 rebounding   

蹦跳运动

参考例句：

• The strength of negative temperature concrete is tested with supersonic-rebounding method. 本文将超声回弹综合法用于负温混凝土强度检测。
• The fundamental of basketball includes shooting, passing and catching, rebounding, etc. 篮球运动中最基本的东西包括投篮，传接球，篮板球等。

13 retail   

v./n.零售；adv.以零售价格

参考例句：

• In this shop they retail tobacco and sweets.这家铺子零售香烟和糖果。
• These shoes retail at 10 yuan a pair.这些鞋子零卖10元一双。

14 tightening   

上紧，固定，紧密

参考例句：

• Make sure the washer is firmly seated before tightening the pipe. 旋紧水管之前，检查一下洗衣机是否已牢牢地固定在底座上了。
• It needs tightening up a little. 它还需要再收紧些。

15 input   

n.输入(物)；投入；vt.把(数据等)输入计算机

参考例句：

• I will forever be grateful for his considerable input.我将永远感激他的大量投入。
• All this information had to be input onto the computer.所有这些信息都必须输入计算机。

16 component   

n.组成部分，成分，元件；adj.组成的，合成的

参考例句：

• Each component is carefully checked before assembly.每个零件在装配前都经过仔细检查。
• Blade and handle are the component parts of a knife.刀身和刀柄是一把刀的组成部分。