Non-Manufacturing PMI

China Federation of Logistics and Purchasing (CFLP) publishes the non-manufacturing PMI on a monthly basis. The gauge highlights the performance of China’s service sector, which has a significant impact on the global FX market, given the size of the Chinese economy. An expansion in the Chinese service sector activity points to signs of economic improvement and vice-versa.

Most recent - Thursday 31 October 2024 01:30

Previous
50
Forecast
50.4
Actual
50.2

Lower numbers than forecast tend to be bullish for xxx/CNY pairs and bearish for CNY/xxx pairs.

Next event - Saturday 30 November 2024 01:30

Previous
50.2
Forecast
-
Actual
-

The typical/expected impact on CNY pairs is high.

There is no forecast value for Non-Manufacturing PMI yet - check back for updates.

Trading range

Forecast history

The most recent announced value for Non-Manufacturing PMI was 50.2 against a forecast of 50.4.

Past events

Date
Forecast
Actual
Thursday 31 October 2024 01:30
50.4
50.2
Monday 30 September 2024 01:30
50.4
50
Saturday 31 August 2024 01:30
50
50.3
Wednesday 31 July 2024 01:30
50.2
50.2
Sunday 30 June 2024 01:30
51
50.5
Friday 31 May 2024 01:30
51.5
51.1
Tuesday 30 April 2024 01:30
52.2
51.2
Sunday 31 March 2024 01:30
-
53
Friday 1 March 2024 01:30
50.8
51.4
Wednesday 31 January 2024 01:30
50.6
50.7
Sunday 31 December 2023 01:00
50.5
50.4
Thursday 30 November 2023 01:30
51.1
50.2
Tuesday 31 October 2023 01:30
51.8
50.6
Saturday 30 September 2023 01:30
51.5
51.7
Thursday 31 August 2023 01:30
51.1
51
Monday 31 July 2023 01:30
-
51.5
Friday 30 June 2023 01:30
50.8
53.2
Wednesday 31 May 2023 01:30
50.7
54.5
Sunday 30 April 2023 01:30
50.4
56.4
Friday 31 March 2023 01:30
-
58.2
Wednesday 1 March 2023 01:30
49.7
56.3
Tuesday 31 January 2023 01:30
51
54.4
Saturday 31 December 2022 01:00
51.4
41.6
Wednesday 30 November 2022 01:30
51.7
46.7
Monday 31 October 2022 01:30
51.9
48.7
Friday 30 September 2022 01:30
52
50.6
Wednesday 31 August 2022 01:30
52.2
52.6
Sunday 31 July 2022 01:00
52.3
53.8
Thursday 30 June 2022 01:30
52.5
54.7
Tuesday 31 May 2022 01:30
50.7
47.8
Saturday 30 April 2022 01:30
53
41.9
Thursday 31 March 2022 01:30
53.2
48.4
Tuesday 1 March 2022 01:30
-
51.6
Sunday 30 January 2022 01:00
-
51.1
Friday 31 December 2021 01:00
53.1
52.7
Tuesday 30 November 2021 01:00
53
52.3

Economic context

Recent economic data has been strongly bearish for CNY. Other recent announcements which may affect the market's interpretation of the next Non-Manufacturing PMI result:

PreviousLatest
Industrial Production (YoY)Bearish change5.4%5.3%
Retail Sales (YoY)Bullish change3.2%4.8%
Consumer Price Index (MoM)Bearish change0%-0.3%
Consumer Price Index (YoY)Bearish change0.4%0.3%
Producer Price Index (YoY)Bearish change-2.8%-2.9%

About Non-Manufacturing PMI

Country:China
Currency:CNY
Source:China Federation of Logistics and Purchasing
Category:Economic Activity
Frequency:Monthly

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