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China Manufacturing Purchasing Managers Index (PMI)

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China Manufacturing Purchasing Managers Index (PMI)

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Delivery Method

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Status

 
Latest Release
Oct 31, 2024
Actual
50.1
Forecast
49.8
Previous
49.8
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.
Importance:
Country:
Currency: CNY
Source: China Logistics Information Ce...
China Manufacturing Purchasing Managers Index (PMI)
 
Release Date Time Actual Forecast Previous
Oct 31, 2024 (Oct) 02:30 50.1 49.8 49.8
Sep 30, 2024 (Sep) 02:30 49.8 49.4 49.1
Aug 31, 2024 (Aug) 02:30 49.1 49.5 49.4
Jul 31, 2024 (Jul) 02:30 49.4 49.4 49.5
Jun 30, 2024 (Jun) 02:30 49.5 49.5 49.5
May 31, 2024 (May) 02:30 49.5 50.5 50.4

News

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Oil prices rise; eurozone growth, US inventory draw help By Investing.com - Oct 30, 2024

Investing.com -- Oil prices rose Wednesday, helped by positive European growth data on top of industry data showed an unexpected draw in U.S. inventories. At 08:00 ET (12:00 GMT), Brent oil futures...

Analysis

Manufacturing PMI Discussion

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