CNY Caixin Manufacturing PMI
It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy;
Above 50.0 indicates industry expansion, below indicates contraction. There were 2 versions of this report between Feb 2011 and Sep 2015, Flash and Final. The 'Previous' listed between that period is the 'Actual' from the Flash release and therefore the 'History' data appears unconnected;
- CNY Caixin Manufacturing PMI Graph
- History
Expected Impact / Date | Actual | Forecast | Previous |
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Jun 30, 2024 | 51.8 | 51.5 | 51.7 |
Jun 2, 2024 | 51.7 | 51.6 | 51.4 |
Apr 29, 2024 | 51.4 | 51.0 | 51.1 |
Mar 31, 2024 | 51.1 | 51.0 | 50.9 |
Feb 29, 2024 | 50.9 | 50.7 | 50.8 |
Jan 31, 2024 | 50.8 | 50.8 | 50.8 |
Jan 1, 2024 | 50.8 | 50.4 | 50.7 |
Nov 30, 2023 | 50.7 | 49.6 | 49.5 |
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- CNY Caixin Manufacturing PMI News
- From apnews.com|36 hr ago
Surveys of Chinese factory managers showed a mixed outlook for the world’s second-largest economy in June, with growth steady but not picking up much steam. The China Federation of Logistics and Purchasing’s official purchasing managers index, or PMI, remained at 49.5, the same as in May, on a scale up to 100 where 50 marks the cut off for expansion. “From the perspective of output, China’s economy is maintaining expansion, but the momentum of recovery still needs to be consolidated,” the official Xinhua News Agency cited Zhao ...
- From zawya.com|40 hr ago
Manufacturing activity in Europe suffered a setback last month but Asian factories enjoyed solid momentum, offering policymakers some hope the region can weather the hit from soft Chinese demand, surveys showed. The downturn in Europe was widespread, with Italy the only big player not to see a fall in its Purchasing Managers' Index (PMI) despite manufacturers largely cutting prices. HCOB's final euro zone manufacturing PMI, compiled by S&P Global, fell to 45.8 in June from May's 47.3. It has been below the 50 mark separating growth ...
- From pmi.spglobal.com|Jun 30, 2024
China's manufacturing sector expanded at a more pronounced pace midway into 2024. Production growth was the fastest rate in two years, underpinned by rising new orders. Firms also acquired more inputs to support production, leading to higher stocks of purchases. Employment numbers were little changed, however. On the price front, input cost inflation climbed to the highest since June 2022, resulting in the first increase in average selling prices so far this year. Firms were however concerned about rising competition and the ...
- From xm.com|Jun 30, 2024
Asian market trading on Monday kicks off the new week, quarter and second half of the year with investors' focus locked on a data-heavy economic calendar, especially the latest snapshot of Chinese factory activity. The Caixin manufacturing purchasing managers index report for June will go a long way to showing whether the recovery in the world's second largest economy is gathering momentum, struggling, or going into reverse. China bulls will be hoping it's the former. Some indicators in the first half of the year pointed in that ...
- From marctomarket.com|Jun 3, 2024
The dollar has returned from the weekend with a better bid tone. It is firmer against all the G10 currencies but the yen, Swiss franc, and Swedish krona, which are marginally firmer. The market seems reluctant to extend the euro or Canadian dollar upticks ahead of the central bank meetings this week, though, ironically, sterling's 0.25% decline leads the major currencies. Election news is a key driver today. A dramatic victory for the Morena party in Mexico, which could allow constitutional changes that eluded AMLO has spurred sales ...
- From pmi.spglobal.com|Jun 2, 2024
Business conditions in the Chinese manufacturing sector improved at a more pronounced rate midway into the second quarter of 2024. Production growth accelerated amid rising new orders. This led to faster accumulation of backlogged work, while purchasing activity also rose. Firms were hesitant to hire additional workers, however, even as sentiment about the outlook improved. Meanwhile input price inflation climbed to a seven-month high. Average selling prices were little changed whilst there was a renewal of export charge inflation in ...
- From marctomarket.com|Apr 30, 2024
Stronger than expected eurozone GDP strengthened the sense that a nascent recovery may be taking hold and has given the euro a bid in the European morning. The dollar, though, is enjoying a firmer tone against the other G10 currencies today. Australia's unexpected weakness in retail sales has weighed on the Antipodean currencies. The Aussie and Kiwi are off slightly more than 0.5% today. Japanese data were mixed (a recovery in industrial production but weakness in retail sales) and the market has taken the dollar to almost JPY157. It ...
- From cityindex.com|Apr 29, 2024
The growth engine of the Chinese economy unexpectedly decelerated last month while Australian retail sales are growing at the weakest pace on record outside one-off economic shocks, putting AUD/USD under renewed pressure on Tuesday. China PMIs soften but not enough to spur stimulus talk: China’s official purchasing managers’ indices (PMI) declined from the levels reported in March, signaling the pickup in activity seen recently may be difficult to sustain. The manufacturing PMI fell to 50.4 from 50.8, although the reading was ...
Released on Jun 30, 2024 |
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Released on Jun 2, 2024 |
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Released on Apr 29, 2024 |
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