The Caixin China General Composite PMI declined to 51.5 in May 2019 from 52.7 in the prior month and reaching the lowest reading since February. Services growth slowed to a three-month low (PMI at 52.7 vs 54.5 in April), while manufacturing output was broadly stable following a three-month sequence of expansion (PMI at 50.2). New orders increased at the softest pace in three months and the job creation rate dropped for the first time since February albeit at a fractional pace. Also, backlogs of work remained broadly unchanged. Meanwhile, new export sales advanced slightly. On the price front, input prices rose at a modest pace, still weaker than the historical average, while efforts to remain competitive and attract new business limited the overall pricing power. Finally, sentiment towards the year ahead eased to the lowest on record, mainly driven by weaker sentiment at manufacturers. Composite Pmi in China is reported by Markit Economics.

Composite Pmi in China is expected to be 51.70 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Composite Pmi in China to stand at 50.00 in 12 months time. In the long-term, the China Composite Pmi is projected to trend around 51.60 in 2020, according to our econometric models.

China Composite Pmi
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China Business Last Previous Highest Lowest Unit
Business Confidence 49.40 50.10 59.20 38.80 Index Points [+]
Services PMI 52.70 54.50 54.70 50.00 Index Points [+]
Non Manufacturing PMI 54.30 54.30 62.20 50.80 percent [+]
Manufacturing PMI 50.20 50.20 52.30 47.20 [+]
Industrial Production 5.00 5.40 29.40 -21.10 percent [+]
Industrial Production Mom 0.36 0.37 1.32 0.13 percent [+]
Manufacturing Production 5.00 5.30 11.40 5.00 percent [+]
New Orders 49.80 51.40 65.10 32.30 Index Points [+]
Changes in Inventories 15873.10 14186.00 15873.10 3.00 CNY HML [+]
Total Vehicle Sales 1912600.00 1980500.00 3060271.00 88416.00 [+]
Car Production 1491400.00 1660500.00 2669100.00 215533.00 Units [+]
Car Registrations 1561200.00 1574900.00 2672300.00 213534.00 [+]
Internet Speed 7583.32 6295.74 7583.32 635.70 KBps [+]
IP Addresses 98862937.00 104032031.00 119094184.00 28818357.00 IP [+]
Steel Production 85032.00 80326.00 85032.00 4918.00 Thousand Tonnes [+]
Mining Production 3.90 2.90 7.90 -3.80 percent [+]
Capacity Utilization 75.90 76.00 78.00 72.90 percent [+]
Competitiveness Index 72.61 71.76 72.61 4.55 Points [+]
Competitiveness Rank 28.00 28.00 34.00 26.00 [+]
Composite Pmi 51.50 52.70 53.70 48.00 [+]
Cement Production 22696.00 21345.40 23427.00 781.50 Ten Thousands of Tonnes [+]
Corruption Index 39.00 41.00 41.00 21.60 Points [+]
Corruption Rank 87.00 77.00 100.00 40.00 [+]
Corporate Profits 1812940.00 1297200.00 7518710.00 1617.00 CNY Million [+]
Ease of Doing Business 46.00 78.00 99.00 46.00 [+]
Electricity Production 544000.00 569800.00 640500.00 41760.00 Gigawatt-hour [+]


China Composite Pmi

In China, the Caixin China Composite Output Index tracks business trends across private sector activity, based on data collected from a representative panel of around 400 companies. The index tracks variables such as sales, new orders, employment, inventories and prices. A reading above 50 indicates expansion in business activity and below 50 indicates that it is generally declining. This page provides - China Composite Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. China Composite Pmi - actual data, historical chart and calendar of releases - was last updated on June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
51.50 52.70 53.70 48.00 2013 - 2019 Monthly
SA




Country Last Previous
Australia 52.20 May/19
Brazil 48.40 May/19
China 51.50 May/19
Euro Area 51.80 May/19
France 51.20 May/19
Germany 52.40 May/19
India 51.70 May/19
Italy 49.90 May/19
Japan 50.70 May/19
Russia 51.50 May/19
Singapore 52.10 May/19
South Africa 49.30 May/19
United Kingdom 50.90 May/19
United States 50.90 May/19


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