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China Non-Manufacturing Purchasing Managers Index (PMI)

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China Non-Manufacturing Purchasing Managers Index (PMI)

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Status

 
Latest Release
Mar 31, 2021
Actual
56.3
Previous
51.4
China Non-Manufacturing Purchasing Managers Index (PMI) provides an early indication each month of economic activities in the Chinese Non-manufacturing sector.It is compiled by China Federation of Logistics & Purchasing (CFLP) and China Logistics Information Centre (CLIC), based on data collected by the National Bureau of Statistics (NBS).Li & Fung Research Centre is responsible for drafting and disseminating the English PMI report. Every month questionnaires are sent to over 700 Non-manufacturing enterprises all over China. The data presented here is compiled from the enterprises responses about their purchasing activities and supply situations. The PMI should be compared to other economic data sources when used in decision-making. 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: China Federation of Logistics...
China Non-Manufacturing Purchasing Managers Index (PMI)
 
Release Date Time Actual Forecast Previous
Apr 29, 2021 (Apr) 21:00     56.3
Mar 30, 2021 (Mar) 21:00 56.3   51.4
Feb 28, 2021 (Feb) 03:00 51.4   52.4
Jan 30, 2021 (Jan) 21:00 52.4   55.7
Dec 30, 2020 (Dec) 21:00 55.7   56.4
Nov 29, 2020 (Nov) 21:00 56.4 56.0 56.2

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Non-Manufacturing PMI Discussion

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All Comments (2)
Jonh Male
Jonh Male Feb 29, 2016 11:57PM ET
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news base: China Manufacturing PMI at 49.0 so it is very negative for market ..... it should be above 50.... for growth.........
Anthony Pearce
Anthony Pearce Jan 31, 2015 9:04PM ET
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Is this the services sector holding the middle kingdom together?
 
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