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China Caixin Manufacturing Purchasing Managers Index (PMI)

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China Caixin Manufacturing Purchasing Managers Index (PMI)

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Delivery Method

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Status

 
Latest Release
Nov 01, 2021
Actual
50.6
Forecast
50.0
Previous
50.0
The Chinese HSBC Manufacturing PMI is a composite indicator designed to provide an overall view of activity in the manufacturing sector and acts as an leading indicator for the whole economy. When the PMI is below 50.0 this indicates that the manufacturing economy is declining and a value above 50.0 indicates an expansion of the manufacturing economy.

Flash figures are released approximately 6 business days prior to the end of the month. Final figures overwrite the flash figures upon release and are in turn overwritten as the next Flash is available.

The Chinese HSBC Manufacturing PMI is concluded from a monthly survey of about 430 purchasing managers which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories.

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.
Importance:
Country:
Currency: CNY
Source: Markit
China Caixin Manufacturing Purchasing Managers Index (PMI)
 
Release Date Time Actual Forecast Previous
Dec 01, 2021 (Nov) 09:45   50.5 50.6
Nov 01, 2021 (Oct) 09:45 50.6 50.0 50.0
Sep 30, 2021 (Sep) 09:45 50.0 49.5 49.2
Sep 01, 2021 (Aug) 09:45 49.2 50.2 50.3
Aug 02, 2021 (Jul) 09:45 50.3 51.0 51.3
Jul 01, 2021 (Jun) 09:45 51.3 51.8 52.0

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Analysis

Caixin Manufacturing PMI Discussion

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