Breaking News

China Non-Manufacturing Purchasing Managers Index (PMI)

Latest Release

May 31, 2023

Actual

54.5

Forecast

54.9

56.4

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.

Importance:

Country:

Currency: CNY

Source: China Federation of Logistics...

Release Date	Time	Actual	Forecast	Previous
May 31, 2023 (May)	03:30	54.5	54.9	56.4
Apr 30, 2023 (Apr)	03:30	56.4	57.0	58.2
Mar 31, 2023 (Mar)	03:30	58.2	54.3	56.3
Mar 01, 2023 (Feb)	03:30	56.3	55.0	54.4
Jan 31, 2023 (Jan)	03:30	54.4	52.0	41.6
Dec 31, 2022 (Dec)	03:30	41.6		46.7

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