CNY Non-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. Chinese data can have a broad impact on the currency markets due to China's influence on the global economy and investor sentiment. Source changed series from non-seasonally adjusted to seasonally adjusted as of Apr 2012;
- CNY Non-Manufacturing PMI Graph
- History
Expected Impact / Date | Actual | Forecast | Previous |
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Jun 29, 2024 | 50.5 | 51.1 | 51.1 |
May 30, 2024 | 51.1 | 51.5 | 51.2 |
Apr 29, 2024 | 51.2 | 52.3 | 53.0 |
Mar 30, 2024 | 53.0 | 51.3 | 51.4 |
Feb 29, 2024 | 51.4 | 50.9 | 50.7 |
Jan 30, 2024 | 50.7 | 50.6 | 50.4 |
Dec 30, 2023 | 50.4 | 50.5 | 50.2 |
Nov 29, 2023 | 50.2 | 50.9 | 50.6 |
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- CNY Non-Manufacturing PMI News
- 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 money.usnews.com|Jun 29, 2024|1 comment
China's manufacturing contracted for a second month in June, an official factory survey showed on Sunday, keeping alive calls for further stimulus after a string of recent indicators showed the economy struggling to get back on its feet. The official purchasing managers' index (PMI), at 49.5 in June, was unchanged in May, below the 50-mark separating growth from contraction and in line with a median forecast of 49.5 in a Reuters poll. The PMI, a sentiment-based indicator, tends to paint a gloomier picture of the world's ...
- From forexlive.com|May 30, 2024
Poor data from China. Manufacturing PMI 49.5 and back into contraction expected 50.5, prior 50.4 Services 51.1, missing estimates and falling below April's result. Still in expansion though. expected 51.5, prior 51.2 China has two primary Purchasing Managers' Index (PMI) surveys - the official PMI released by the National Bureau of Statistics (NBS) and the Caixin China PMI published by the media company Caixin and research firm Markit / S&P Global. The official PMI survey covers large and state-owned companies, while the Caixin PMI ...
- From think.ing.com|May 23, 2024
The week ahead features Australia’s inflation and China’s PMI. Meanwhile, India’s GDP is due for release, alongside industrial production reports from Japan and South Korea. China's PMI and industrial profit reports Industrial data will be the focus of the upcoming week in China, starting off with April industrial profits data next Monday. After several consecutive months of stronger-than-expected industrial production, a further decline in profits could be a sign of price competition – though markets will be hoping to see a rebound ...
- 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 ...
- From scmp.com|Apr 29, 2024|2 comments
China’s factory activity remained in expansion territory for the second consecutive month in April, in the latest sign that the economic recovery is picking up pace. The official manufacturing purchasing managers’ index (PMI) – a survey of sentiment among factory owners – stood at 50.4 in April compared to 50.8 in March, the National Bureau of Statistics (NBS) said on Tuesday. The figure remained above the watershed level of 50, which indicates expanding activity, after the reading in March had ended five consecutive months of ...
- From cnbc.com|Apr 29, 2024
Asia-Pacific markets were largely set to extend gains on Tuesday, tracking Wall Street moves, with investors awaiting China manufacturing purchasing managers’ index for April. Japan’s top currency diplomat Masato Kanda reportedly declined to comment on whether the finance ministry had intervened to prop up yen after it fell to a record low on Monday. The currency weakened to its lowest level against the U.S. dollar yesterday at 160.03, before strengthening sharply to trade around the 155 level. The Wall Street Journal, meanwhile, ...
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