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China Caixin Services Purchasing Managers Index (PMI)

Latest Release

May 05, 2022

Actual

36.2

42.0

The Chinese HSBC Services PMI is compiled by questionnaires sent to purchasing executives in over 400 private service sector companies. The panel has been carefully selected to accurately replicate the true structure of the services economy. The HSBC Services PMI Index is developed for providing the most up-to-date possible indication of what is really happening in the private sector economy by tracking variables such as sales, employment, inventories and prices.
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.

Importance:

Country:

Currency: CNY

Source: Markit

Release Date	Time	Actual	Forecast	Previous
Jun 05, 2022 (May)	21:45			36.2
May 04, 2022 (Apr)	21:45	36.2		42.0
Apr 05, 2022 (Mar)	21:45	42.0		50.2
Mar 02, 2022 (Feb)	21:45	50.2	50.9	51.4
Feb 06, 2022 (Jan)	21:45	51.4		53.1
Jan 05, 2022 (Dec)	21:45	53.1		52.1

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