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China Caixin Manufacturing Purchasing Managers Index (PMI)
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Latest Release
Apr 30, 2022
Actual46.0
Forecast47.0
Previous48.1
The Chinese HSBC Manufacturing PMI is a composite indicator designed to provide an overall view of activity in the manufacturing sector and acts as an leading indicator for the whole economy. When the PMI is below 50.0 this indicates that the manufacturing economy is declining and a value above 50.0 indicates an expansion of the manufacturing economy.
Flash figures are released approximately 6 business days prior to the end of the month. Final figures overwrite the flash figures upon release and are in turn overwritten as the next Flash is available.
The Chinese HSBC Manufacturing PMI is concluded from a monthly survey of about 430 purchasing managers which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories.
A higher than expected reading should be taken as positive/bullish for the CNY , while a lower than expected reading should be taken as negative/bearish for the CNY.
Flash figures are released approximately 6 business days prior to the end of the month. Final figures overwrite the flash figures upon release and are in turn overwritten as the next Flash is available.
The Chinese HSBC Manufacturing PMI is concluded from a monthly survey of about 430 purchasing managers which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories.
A higher than expected reading should be taken as positive/bullish for the CNY , while a lower than expected reading should be taken as negative/bearish for the CNY.
| Release Date | Time | Actual | Forecast | Previous | |
|---|---|---|---|---|---|
| May 31, 2022 (May) | 21:45 | 46.0 | |||
| Apr 29, 2022 (Apr) | 21:45 | 46.0 | 47.0 | 48.1 | |
| Mar 31, 2022 (Mar) | 21:45 | 48.1 | 50.0 | 50.4 | |
| Feb 28, 2022 (Feb) | 21:45 | 50.4 | 49.5 | 49.1 | |
| Jan 29, 2022 (Jan) | 21:45 | 49.1 | 50.4 | 50.9 | |
| Jan 03, 2022 (Dec) | 21:45 | 50.9 | 50.0 | 49.9 |
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Caixin Manufacturing PMI Discussion
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