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China Non-Manufacturing Purchasing Managers Index (PMI)

China Non-Manufacturing Purchasing Managers Index (PMI)

Actual: 56.4
Forecast: 56.0
Previous: 56.2
Importance:
Release Date: Nov 30, 2020
Currency: CNY
Country: China
Source Of Report: China Federation of Logistics and Purchasing (CFLP)

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.

Release Date Actual Forecast Previous
Nov 30, 2020 (Nov) 56.4 56.0 56.2
Oct 31, 2020 (Oct) 56.2 55.9
Sep 30, 2020 (Sep) 55.9 55.2
Aug 31, 2020 (Aug) 55.2 54.2
Jul 31, 2020 (Jul) 54.2 54.4
Jun 30, 2020 (Jun) 54.4 53.6

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