China Caixin Services Purchasing Managers Index (PMI)

CNY
Actual
55.0
Forecast
54.0
Previous
55.5
Latest Release
Sep 05, 2022
Importance
Source
Markit
Overview
The Chinese HSBC Services PMI is compiled by questionnaires sent to purchasing executives in over 400 private service sector companies. The panel has been carefully selected to accurately replicate the true structure of the services economy. The HSBC Services PMI Index is developed for providing the most up-to-date possible indication of what is really happening in the private sector economy by tracking variables such as sales, employment, inventories and prices.
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.
Historical Data
Release Date
Time
Actual
Forecast
Previous
Sep 05, 2022 (Aug) 07:15 55.0 54.0
55.5
Aug 03, 2022 (Jul) 07:15 55.5 -
54.5
Jul 05, 2022 (Jun) 07:15 54.5 49.7
41.4
Jun 06, 2022 (May) 07:15 41.4 -
36.2
May 05, 2022 (Apr) 07:15 36.2 -
42.0
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