China Caixin Manufacturing Purchasing Managers Index (PMI)

CNY
Actual
50.4
Forecast
51.5
Previous
51.7
Latest Release
Aug 01, 2022
Importance
Source
Markit
Overview
The Chinese HSBC Manufacturing PMI is a composite indicator designed to provide an overall view of activity in the manufacturing sector and acts as an leading indicator for the whole economy. When the PMI is below 50.0 this indicates that the manufacturing economy is declining and a value above 50.0 indicates an expansion of the manufacturing economy.

Flash figures are released approximately 6 business days prior to the end of the month. Final figures overwrite the flash figures upon release and are in turn overwritten as the next Flash is available.

The Chinese HSBC Manufacturing PMI is concluded from a monthly survey of about 430 purchasing managers which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories.

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.
Historical Data
Release Date
Time
Actual
Forecast
Previous
Aug 01, 2022 (Jul) 03:45 50.4 51.5
51.7
Jul 01, 2022 (Jun) 03:45 51.7 50.1
48.1
Jun 01, 2022 (May) 03:45 48.1 48.0
46.0
Apr 30, 2022 (Apr) 03:45 46.0 47.0
48.1
Apr 01, 2022 (Mar) 03:45 48.1 50.0
50.4
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