China Manufacturing Purchasing Managers Index (PMI)

CNY
Actual
50.8
Forecast
50.1
Previous
49.1
Latest Release
Mar 31, 2024
Importance
Overview
China Manufacturing Purchasing Managers Index (PMI) provides an early indication each month of economic activities in the Chinese manufacturing sector. It is compiled by China Federation of Logistics & Purchasing (CFLP) and China Logistics Information Centre (CLIC), based on data collected by the National Bureau of Statistics (NBS).Li & Fung Research Centre is responsible for drafting and disseminating the English PMI report. Every month questionnaires are sent to over 700 manufacturing enterprises all over China. The data presented here is compiled from the enterprises responses about their purchasing activities and supply situations. The PMI should be compared to other economic data sources when used in decision-making.
A reading that is stronger than forecast is generally supportive (bullish) for the CNY , while a weaker than forecast reading is generally negative (bearish) for the CNY.
Historical Data
Release Date
Time
Actual
Forecast
Previous
Mar 31, 2024 (Mar) 07:00 50.8 50.1
49.1
Mar 01, 2024 (Feb) 07:00 49.1 49.1
49.2
Jan 31, 2024 (Jan) 07:00 49.2 49.2
49.0
Dec 31, 2023 (Dec) 07:00 49.0 49.5
49.4
Nov 30, 2023 (Nov) 07:00 49.4 49.7
49.5
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Chinese Manufacturing PMI News & Analysis
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  • prashant Sirohi @prashant Sirohi
    can anyone teach how does it impact the stock market?
    Like 0
    • Sumeet Malik @Sumeet Malik
      @prashant Sirohi China is manufacturing oriented economy, it requires to import oil, metals like steel, aluminium, copper etc from other countries to enable finished product manufacturing. Indian companies also export to China, so if Chinese manufacturing PMI grows, these Indian companies may gain
      Like 1
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