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China Manufacturing Purchasing Managers Index (PMI)

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China Manufacturing Purchasing Managers Index (PMI)

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Status

 
Latest Release
Oct 31, 2024
Actual
50.1
Forecast
49.8
Previous
49.8
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.
Importance:
Country:
Currency: CNY
Source: China Logistics Information Ce...
China Manufacturing Purchasing Managers Index (PMI)
 
Release Date Time Actual Forecast Previous
Nov 30, 2024 (Nov) 01:30     50.1
Oct 31, 2024 (Oct) 01:30 50.1 49.8 49.8
Sep 30, 2024 (Sep) 01:30 49.8 49.4 49.1
Aug 31, 2024 (Aug) 01:30 49.1 49.5 49.4
Jul 31, 2024 (Jul) 01:30 49.4 49.4 49.5
Jun 30, 2024 (Jun) 01:30 49.5 49.5 49.5

News

Dollar steadies ahead of payrolls; German retail sales rise
Dollar steadies ahead of payrolls; German retail sales rise By Investing.com - Oct 31, 2024

Investing.com - The U.S. dollar traded in tight ranges Thursday, as traders digested some mixed economic data ahead of the widely-watched payrolls report which closes out the week. At 05:35 ET (09:35...

Oil prices rise; eurozone growth, US inventory draw help
Oil prices rise; eurozone growth, US inventory draw help By Investing.com - Oct 30, 2024 1

Investing.com -- Oil prices rose Wednesday, helped by positive European growth data on top of industry data showed an unexpected draw in U.S. inventories. At 08:00 ET (12:00 GMT), Brent oil futures...

Analysis

Chris Turner
GBP: Let the Rate Cuts Begin By Chris Turner - Aug 01, 2024 3

USD: Short rates are on the move As we noted in our Federal Reserve review, the dollar initially rallied on the release of the new FOMC statement but then sold off when Chair Jerome Powell seemingly...

Manufacturing PMI Discussion

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