Breaking News

China Manufacturing Purchasing Managers Index (PMI)

Latest Release

Mar 01, 2023

Actual

52.6

Forecast

50.5

50.1

China Manufacturing Purchasing Managers Index (PMI) provides an early indication each month of economic activities in the Chinese 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 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 Logistics Information Ce...

Release Date	Time	Actual	Forecast	Previous
Mar 30, 2023 (Mar)	21:30		50.5	52.6
Feb 28, 2023 (Feb)	21:30	52.6	50.5	50.1
Jan 30, 2023 (Jan)	21:30	50.1	49.8	47.0
Dec 30, 2022 (Dec)	21:30	47.0	48.0	48.0
Nov 29, 2022 (Nov)	21:30	48.0	49.0	49.2
Oct 30, 2022 (Oct)	21:30	49.2	50.0	50.1

News

Chinese industrial production rises in Feb, but misses expectations By Investing.com - Mar 14, 2023

By Ambar Warrick Investing.com -- Chinese industrial production rose slightly less than expected in February as manufacturing activity logged a somewhat staggered recovery despite the lifting of...

Oil prices rise on weak dollar as markets price in less hawkish Fed By Investing.com - Mar 12, 2023

By Ambar Warrick Investing.com -- Oil prices rose slightly on Monday as a brewing banking crisis in the U.S. spurred expectations that the Federal Reserve will soften its hawkish rhetoric in the...

China CPI inflation softens in Feb, PPI worsens on weak manufacturing By Investing.com - Mar 08, 2023

By Ambar Warrick Investing.com -- Chinese consumer inflation missed expectations in February as spending still remained constrained despite the lifting of anti-COVID measures, while factory gate...

Analysis

Commodities Week Ahead: An Oil Rally Will Need China Data, Not Just Supertankers By Barani Krishnan/Investing.com - Feb 27, 2023

Oil longs may have to wait longer for affirmation of Chinese demand pickup China’s NBS Manufacturing PMI, due Wednesday, could be mixed China may face challenges in turbocharging its economy...

Commodities Week Ahead: With China on Holiday, Oil Braces for Week of Unknowns By Barani Krishnan/Investing.com - Jan 23, 2023

China’s Lunar New Year holiday brings both trepidation and excitement to oil Chinese factories close a week at least, causing a temporary blip in crude demand On reopening, Chinese demand for oil and...

Copper Creeps Toward June Highs in a Complicated China Bet By Barani Krishnan/Investing.com - Jan 20, 2023

China’s worsening COVID woes might limit copper rally, outlooks say Possibility of US, European recessions add to global complications for metal LME copper could round year out by averaging...

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