China Non-Manufacturing Purchasing Managers Index (PMI)

CNY
Actual
53.8
Forecast
53.9
Previous
54.7
Latest Release
Jul 31, 2022
Importance
Overview
China Non-Manufacturing Purchasing Managers Index (PMI) provides an early indication each month of economic activities in the Chinese Non-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 Non-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 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
Jul 31, 2022 (Jul) 07:00 53.8 53.9
54.7
Jun 30, 2022 (Jun) 07:00 54.7 -
47.8
May 31, 2022 (May) 07:00 47.8 -
41.9
Apr 30, 2022 (Apr) 07:00 41.9 -
48.4
Mar 31, 2022 (Mar) 07:00 48.4 -
51.6
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