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 2019
53.1
Aug 2019
53.0
Jul 2019
53.1
Jun 2019
53.0
May 2019
53.3
Apr 2019
53.4
Mar 2019
54.0
Feb 2019
52.4
Jan 2019
53.2
Dec 2018
52.6
Nov 2018
52.8
Oct 2018
53.1
Sep 2018
54.1
Aug 2018
53.8
Jul 2018
53.6
Jun 2018
54.4
May 2018
54.6
Apr 2018
54.1
Mar 2018
54.0
Feb 2018
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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