Breaking News

China Caixin Services Purchasing Managers Index (PMI)

Latest Release

Nov 05, 2024

Actual

52.0

Forecast

50.5

50.3

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.

Importance:

Country:

Currency: CNY

Source: Markit

Release Date	Time	Actual	Forecast	Previous
Nov 05, 2024 (Oct)	02:45	52.0	50.5	50.3
Sep 30, 2024 (Sep)	02:45	50.3	51.6	51.6
Sep 04, 2024 (Aug)	02:45	51.6	51.9	52.1
Aug 05, 2024 (Jul)	02:45	52.1	51.4	51.2
Jul 03, 2024 (Jun)	02:45	51.2	53.4	54.0
Jun 05, 2024 (May)	02:45	54.0	52.5	52.5

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