China PMI
The China Manufacturing PMI index measures the performance of the manufacturing sector from a survey conducted of 450 private industrial companies. Since the Caixin Manufacturing PMI survey is based on data from small and medium sized enterprises it is more sensitive to changes in China’s Economy. Readings above 50 indicate economic expansion of the manufacturing sector compared to the previous month and vice-versa.
China China closed down 49 as of December 31, 2022 from 49.4 from the previous month and 50.9 from last year.
China manufacturing PMI Chart
The last 20 values of the series are displayed below. Sign up free to access the full historical data series using MacroVar Web/Excel or API.
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China China
| Date | Values |
|---|---|
| 2022-12-31 | 49 |
| 2022-11-30 | 49.4 |
| 2022-10-31 | 49.2 |
| 2022-09-30 | 48.1 |
| 2022-08-31 | 49.5 |
| 2022-07-31 | 50.4 |
| 2022-06-30 | 51.7 |
| 2022-05-31 | 48.1 |
| 2022-04-30 | 46 |
| 2022-03-31 | 48.1 |
| 2022-02-28 | 50.4 |
| 2022-01-31 | 49.1 |
| 2021-12-31 | 50.9 |
| 2021-11-30 | 49.9 |
| 2021-10-31 | 50.6 |
| 2021-09-30 | 50 |
| 2021-08-31 | 49.2 |
| 2021-07-31 | 50.3 |
| 2021-06-30 | 51.3 |
| 2021-05-31 | 52 |
China Manufacturing PMI Statistics
Click here to explore the methodology used for estimating the China manufacturing pmi signals presented in the statistics table below.| Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope | ZS5Y | Update |
|---|---|---|---|---|---|---|---|---|---|
| China | cn.manpmi | 49 | 49.4 | -0.81 | -3.73 | Down | Down | 11.67 | 2022-12-21 |
China manufacturing PMI analysis
China’s manufacturing pmi is an index of the prevailing economic trends in the manufacturing sector. PMI is a number from 0 to 100. China’s Manufacturing PMI values above 50 represent economic expansion when compared with the previous month. China’s Manufacturing PMI values under 50 represent economic contraction, and a reading at 50 indicates no change. China manufacturing PMI is based on a monthly survey of supply chain managers across different industries. The PMI is based on five major survey areas: new orders, inventory levels, production, supplier deliveries, and employment. Explore MacroVar financial knowledge base structured by professional fund managers and economists.
China manufacturing pmi trend
China manufacturing pmi trend is in an uptrend when the last value is higher than its twelve-month moving average and its twelve-month moving average slope is positive (last twelve-month moving average is higher than the previous month twelve-month moving average) and vice-versa. MacroVar calculates the number of months the China manufacturing pmi has recorded new highs or lows. China manufacturing pmi trend change is assumed when the specific indicator has recorded a 3-month high / low or more.
China manufacturing pmi momentum
China manufacturing pmi momentum is monitored by calculating its long-term year over year (Y/Y) return and its short-term month on month (M/M) return.
China Financial Markets
| Market | Symbol | Last | Mom | Trend | Exh | RSI | 1D% | 1W% | 1M% | 1Y% |
|---|---|---|---|---|---|---|---|---|---|---|
| Shanghai Composite | SSEC | 3176.53 | 50 | 50 | 0 | 59.2 | -0.72 | 0.8 | 1.81 | -12.92 |
| China ETF | FXI | 28.36 | 50 | 25 | 0 | 60.13 | -1.53 | 5.62 | 10.82 | -24.91 |
| Chinese Yuan US Dollar (CNY/USD) | CNHUSD | 6.9646 | -100 | -25 | 0 | 37.26 | -0.24 | -2.49 | -1.2 | 9.26 |
| China 5-Year Bond Yield | CN.5Y | 2.547 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| China 2-year bond yield | CN.2Y | 2.421 | 100 | 100 | 100 | 69.8 | 3.24 | 3.46 | 10.25 | -2.3 |
| China Yield Curve | CN.YC | 0.615 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| China Credit Default Swaps | CDS.China | 106 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Export-Import Bank of China Credit Default Swaps | CDS.Export-Import-Bank-of-China | 123.79 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
China Financial News Stream
China Macroeconomic Indicators
| Indicator | Symbol | Actual | Previous | M/M% | Y/Y% | Trend | Slope | ZS5Y | Update |
|---|---|---|---|---|---|---|---|---|---|
| balance of trade | cn.balanceoftrade | 78.01 | 69.25 | 12.65 | -17.34 | UP | Down | 31.67 | 2022-12-21 |
| bank lending rate | cn.banks.lendingrate | 2.75 | 2.75 | 0 | 0 | 0 | 0 | 0 | 2022-11-15 |
| banks balance sheet | cn.banks.bs | 1400 | 1210 | 15.7 | 23.89 | Down | UP | 58.33 | 2022-12-21 |
| business confidence | cn.bizconfidence | 47 | 48 | -2.08 | -6.56 | Down | Down | 3.33 | 2022-12-21 |
| capacity utilization | cn.caputilization | 75.6 | 75.1 | 1 | -1 | -100.0 | -100.0 | 0 | 2022-09-30 |
| capital flows | cn.capitalflows | -1440 | -319.79 | 350 | 1641 | -100.0 | -100.0 | 100 | 2022-09-30 |
| car registrations | cn.carregistrations | 2265000 | 2075000 | 9.16 | -6.47 | UP | Down | 91.67 | 2022-12-21 |
| cash reserve ratio | cn.cashreserveratio | 11.375 | 11.5 | -1 | -9 | -100.0 | -100.0 | 31 | 2022-04-30 |
| central bank balance sheet | cn.cb.assets | 416784 | 401528 | 3.8 | 5.33 | UP | UP | 100 | 2023-01-21 |
| composite pmi | cn.comppmi | 48.3 | 47 | 2.77 | -8.87 | UP | Down | 15.83 | 2022-12-21 |
| consumer confidence | cn.consconfidence | 85.5 | 86.8 | -1.5 | -29.46 | Down | Down | 1.67 | 2022-12-21 |
| consumer price index cpi | cn.cpi | 103.3 | 103.5 | -0.19 | 1.97 | UP | UP | 33.33 | 2022-12-05 |
| core inflation rate | cn.coreinflationrate | 1.1 | 1.2 | -8 | -467 | 100.0 | 100.0 | 2 | 2022-02-28 |
| current account | cn.currentaccount | 1443.34 | 774.98 | 86.24 | 378.48 | UP | UP | 100 | 2022-12-21 |
| current account to gdp | cn.currentaccountgdp | 1.8 | 1.9 | -5 | -63 | -100.0 | -100.0 | 0 | 2021-01-31 |
| deposit interest rate | cn.depositrate | 0.35 | 0.35 | 0 | 0 | -100.0 | -100.0 | 51 | 2022-10-31 |
| exports | cn.exports | 306.08 | 295.5 | 3.58 | -10.08 | UP | Down | 25 | 2022-12-21 |
| external debt | cn.externaldebt | 27466 | 24007.9 | 14 | 541 | 100.0 | 100.0 | 0 | 2021-01-31 |
| fiscal expenditure | cn.fiscalexp | 20921 | 15945 | 31.21 | 42.63 | Down | UP | 61.67 | 2022-12-21 |
| foreign direct investment | cn.fdi | 1891.3 | 1780.8 | 6.21 | 9.02 | UP | UP | 100 | 2023-01-21 |
| foreign exchange reserves | cn.fxreserves | 3128000 | 3117000 | 0.35 | -3.75 | UP | Down | 60.83 | 2022-12-21 |
| gdp | cn.gdp | 17734.1 | 14687.7 | 21 | 248 | 100.0 | 100.0 | 0 | 2021-12-31 |
| Real GDP | cn.realgdp | 813830 | 525197 | 55 | 14 | 100.0 | 100.0 | 22 | 2022-09-30 |
| gdp growth | cn.gdpgrowth | 0 | 3.9 | -100 | -100 | Down | Down | 0 | 2023-01-21 |
| gdp growth annual | cn.gdpgrowthan | 2.9 | 3.9 | -25.64 | -51.67 | Down | Down | 5 | 2023-01-21 |
| gold reserves | cn.goldres | 1948.31 | 1948.31 | 0 | 6 | 100.0 | 100.0 | 52 | 2021-03-31 |
| government budget | cn.govbudget | -3.1 | -3.7 | -16.22 | 10.71 | -100.0 | -100.0 | 0 | 2021-01-31 |
| Government budget | cn.govbudgetvalue | -458.7 | -96.9 | 373.38 | 43.61 | Down | Down | 18.33 | 2022-12-21 |
| government debt to gdp | cn.govdebtgdp | 71.5 | 68.1 | 5 | 108 | 100.0 | 100.0 | 0 | 2021-01-31 |
| government revenues | cn.govrev | 12121 | 20246 | -40.13 | -30.76 | Down | Down | 23.33 | 2022-12-21 |
| housing index | cn.housingindex | -1.5 | -1.3 | 15 | -139 | -100.0 | -100.0 | 2 | 2022-09-30 |
| imports | cn.imports | 228.07 | 226.25 | 0.8 | -7.35 | UP | Down | 16.67 | 2022-12-21 |
| industrial production | cn.indproduction | 1.3 | 2.2 | -40.91 | -69.77 | Down | Down | 10 | 2023-01-21 |
| industrial production mom | cn.indproductionmm | 0.33 | 0.84 | -60.71 | -15.38 | Down | Down | 13.33 | 2022-11-17 |
| inflation cpi | cn.inflationcpi | 2.1 | 2.8 | -25 | 40 | 100.0 | 100.0 | 51.6667 | 2022-10-31 |
| interbank rate | cn.interbankrate | 2.28 | 3.03 | 0 | 0 | 0 | 0 | 0 | 2022-11-15 |
| interest rate | cn.interestrate | 3.65 | 3.65 | 0 | 0 | 0 | 0 | 0 | 2022-11-11 |
| loan growth | cn.loangrowth | 11.4 | 11.5 | -1 | -12 | -100.0 | -100.0 | 3 | 2022-02-28 |
| loans to private sector | cn.loanprivate | 13100 | 19900 | -34.17 | -44.68 | Down | Down | 21.67 | 2022-12-21 |
| China | cn.manpmi | 49 | 49.4 | -0.81 | -3.73 | Down | Down | 11.67 | 2022-12-21 |
| money supply m0 | cn.msm0 | 10470 | 9974.01 | 4.97 | 15.28 | UP | UP | 98.33 | 2022-12-21 |
| money supply m1 | cn.msm1 | 67170 | 66704.3 | 0.7 | 3.75 | UP | UP | 98.33 | 2022-12-21 |
| money supply m2 | cn.msm2 | 266430 | 264701 | 0.65 | 11.81 | UP | UP | 100 | 2022-12-21 |
| non manufacturing pmi | cn.nonmanpmi | 41.6 | 46.7 | -10.92 | -21.06 | Down | Down | 3.33 | 2022-12-21 |
| Producer Price Index | cn.producerprices | 111.1 | 111.7 | -0.54 | -1.77 | Down | Down | 80 | 2022-12-21 |
| PPI Index | cn.producerpricesch | -1.3 | 0.9 | -244.44 | -109.63 | -100.0 | -100.0 | 20 | 2022-10-31 |
| retail sales MoM | cn.retailsales | 0.15 | -0.68 | -122.06 | -48.28 | UP | Down | 23.33 | 2022-12-21 |
| retail sales | cn.retailsalesan | -1.8 | -5.9 | -69.49 | -146.15 | Down | Down | 16.67 | 2023-01-21 |
| reverse repo rate | cn.reverserepo | 2.1 | 2.1 | 0 | -5 | -100.0 | -100.0 | 27 | 2022-02-28 |
| services pmi | cn.servpmi | 48 | 46.7 | 2.78 | -9.6 | Down | Down | 15 | 2022-12-21 |
| total vehicle sales | cn.vehiclesales | 2556000 | 2327720 | 9.81 | -8.25 | UP | Down | 83.33 | 2022-12-21 |
| unemployment rate | cn.unemploymentrate | 5.5 | 5.3 | 4 | 8 | 100.0 | 100.0 | 63 | 2022-08-31 |
| China Leading Economic Conference Board Index | cn.lei | 165.1 | 165.6 | -0 | 0 | -100.0 | 100.0 | 23 | 2022-08-31 |
| LEI - Consumer Expectation Index | cn.leiconsexp | 89.3 | 91.2 | -2 | -25 | -100.0 | -100.0 | 7 | 2022-08-31 |
| LEI - New Export Orders | cn.leiexporders | 48.5 | 47.9 | 1 | 3 | 100.0 | 100.0 | 75 | 2022-08-31 |