Non-Manufacturing PMI
Most recent - Saturday 1 March 2025 01:30
Higher numbers than forecast tend to be bullish for CNY/xxx pairs and bearish for xxx/CNY pairs.
Next event - Monday 31 March 2025 01:30
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 50.4 against a forecast of 50.3.
Past events
Economic context
Recent economic data has been moderately bearish for CNY. Other recent announcements which may affect the market's interpretation of the next Non-Manufacturing PMI result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Industrial Production (YoY) | Bearish change | 6.2% | 5.9% | ||
| Retail Sales (YoY) | Bullish change | 3.7% | 4% | ||
| Consumer Price Index (MoM) | Bearish change | 0.7% | -0.2% | ||
| Consumer Price Index (YoY) | Bearish change | 0.5% | -0.7% | ||
| Producer Price Index (YoY) | Bullish change | -2.3% | -2.2% | ||
| Exports (YoY) CNY | Bearish change | 10.9% | 3.4% | ||
| Imports (YoY) | Bearish change | 1% | -8.4% | ||
| Imports (YoY) CNY | Bearish change | 1.3% | -7.3% | ||
| Trade Balance CNY | Bearish change | 752.91B | 122B | ||
| Trade Balance USD | Bullish change | $104.84B | $170.51B | ||
| Exports (YoY) | Bearish change | 10.7% | 2.3% | ||
| Caixin Services PMI | Bullish change | 51 | 51.4 |
About Non-Manufacturing PMI
| Country: | China |
|---|---|
| Currency: | CNY |
| Source: | China Federation of Logistics and Purchasing |
| Category: | Economic Activity |
| Frequency: | Monthly |
Related events
