Higher numbers than forecast tend to be bullish for CNY/xxx pairs and bearish for xxx/CNY pairs.
The typical/expected impact on CNY pairs is high.
There is no forecast value for Caixin Manufacturing PMI yet - check back for updates.
The most recent announced value for Caixin Manufacturing PMI was 51.2 against a forecast of 50.3.
Recent economic data has been moderately bullish for CNY. Other recent announcements which may affect the market's interpretation of the next Caixin Manufacturing PMI result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Gross Domestic Product (QoQ) | (no change) | 1.1% | 1.1% | ||
| Gross Domestic Product (YoY) | Bearish change | 5.2% | 4.8% | ||
| Industrial Production (YoY) | Bullish change | 5.2% | 6.5% | ||
| Retail Sales (YoY) | Bearish change | 3.4% | 3% | ||
| Consumer Price Index (MoM) | Bullish change | 0% | 0.1% | ||
| Consumer Price Index (YoY) | Bullish change | -0.4% | -0.3% | ||
| Producer Price Index (YoY) | Bullish change | -2.9% | -2.3% | ||
| Exports (YoY) | Bullish change | 4.4% | 8.3% | ||
| Exports (YoY) CNY | Bullish change | 4.8% | 8.4% | ||
| Imports (YoY) | Bullish change | 1.3% | 7.4% | ||
| Imports (YoY) CNY | Bullish change | 1.7% | 7.5% | ||
| Trade Balance CNY | Bearish change | 732.7B | 645.47B | ||
| Trade Balance USD | Bearish change | $102.33B | $90.45B |
| Country: | China |
|---|---|
| Currency: | CNY |
| Source: | IHS Markit |
| Category: | Economic Activity |
| Frequency: | Monthly |