China Composite Purchasing Managers Index (PMI)

Country: China, CNY
Importance:
Medium
Sector: Business
Last release
Actual
50.5
Forecast
Previous
50.1
Next release
Actual
Coming in 10 days
Forecast
Previous
50.5
Date (GMT)
Reference
Actual
Forecast
Sep 2024
50.4
Aug 2024
50.1
Jul 2024
50.2
Jun 2024
50.5
May 2024
51.0
Apr 2024
51.7
Mar 2024
52.7
Feb 2024
50.9
Jan 2024
50.9
Dec 2023
50.3
Nov 2023
50.4
Oct 2023
50.7
Sep 2023
52.0
Aug 2023
51.3
Jul 2023
51.1
Jun 2023
52.3
May 2023
52.9
Apr 2023
54.4
Mar 2023
57.0
Feb 2023
56.4

Composite PMI is a monthly summary report concerning the changes in the working conditions of private companies in the manufacturing and service sectors. The indicator calculation is based on the surveys of representatives of a number of companies. Each response is weighted according to the size of a company and its contribution to the total production or services of the subsector it belongs to. Thus, the largest companies make a greater contribution to the indicator calculation. The index reflects the conditions of doing business in the country. Readings above 50 can have a positive effect on yuan quotes.

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