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
May 2021
54.2
Apr 2021
53.8
Mar 2021
55.3
Feb 2021
51.6
Jan 2021
52.8
Dec 2020
55.1
Nov 2020
55.7
Oct 2020
55.3
Sep 2020
55.1
Aug 2020
54.5
Jul 2020
54.1
Jun 2020
54.2
May 2020
53.4
Apr 2020
53.4
Mar 2020
53.0
Feb 2020
28.9
Jan 2020
53.0
Dec 2019
53.4
Nov 2019
53.7
Oct 2019
52.0

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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