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
Jan 2023
52.9
Dec 2022
42.6
Nov 2022
47.1
Oct 2022
49.0
Sep 2022
50.9
Aug 2022
51.7
Jul 2022
52.5
Jun 2022
54.1
May 2022
48.4
Apr 2022
42.7
Mar 2022
48.8
Feb 2022
51.2
Jan 2022
51.0
Dec 2021
52.2
Nov 2021
52.2
Oct 2021
50.8
Sep 2021
51.7
Aug 2021
48.9
Jul 2021
52.4
Jun 2021
52.9

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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