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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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Delivery Method

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Status

 
Latest Release
Oct 31, 2024
Actual
50.2
Forecast
50.4
Previous
50.0
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
Nov 29, 2024 (Nov) 20:30     50.2
Oct 30, 2024 (Oct) 20:30 50.2 50.4 50.0
Sep 29, 2024 (Sep) 20:30 50.0 50.4 50.3
Aug 30, 2024 (Aug) 20:30 50.3 50.0 50.2
Jul 30, 2024 (Jul) 20:30 50.2 50.3 50.5
Jun 29, 2024 (Jun) 20:30 50.5 51.1 51.1

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Analysis

Non-Manufacturing PMI Discussion

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