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China Manufacturing Purchasing Managers Index (PMI)

China Manufacturing Purchasing Managers Index (PMI)

Actual: 50.9
Forecast: 50.4
Previous: 50.6
Importance:
Release Date: Jun 30, 2020
Currency: CNY
Country: China
Source Of Report: China Logistics Information Center

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.

Release Date Actual Forecast Previous
Jun 30, 2020 (Jun) 50.9 50.4 50.6
May 31, 2020 (May) 50.6 51.0 50.8
Apr 30, 2020 (Apr) 50.8 51.0 52.0
Mar 31, 2020 (Mar) 52.0 45.0 35.7
Feb 29, 2020 (Feb) 35.7 46.0 50.0
Jan 31, 2020 (Jan) 50.0 50.0 50.2

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