The Caixin China General Composite PMI fell to 50.9 in January 2019 from 52.2 in the prior month. It was the weakest reading since October 2018, as the service sector grew the least in three months (PMI at 53.6 vs 53.9 in December); while factory activity shrank for the the second straight month, pointing to the lowest PMI reading since February 2016 (48.3 vs 49.7). New orders rose slightly, while employment growth stabilized. At the same time, export sales rose for the first time in ten months. On the price front, input cost inflation eased to the weakest in three years, while prices charged fell for the second month in a row. Looking ahead, businesses were generally optimistic. "Given that the government has refrained from taking policies of strong stimulus, the downward trend of the economy may be hard to turn around for the time being," said Zhengsheng Zhong, director of macroeconomic analysis at CEBM Group. Composite Pmi in China is reported by Markit Economics.

Composite Pmi in China is expected to be 52.00 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 51.00 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
width
height
Forecast Data Chart
The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


China Business Last Previous Highest Lowest Unit
Business Confidence 49.50 49.40 59.20 38.80 Index Points [+]
Services PMI 53.60 53.90 54.70 50.00 Index Points [+]
Non Manufacturing PMI 54.70 53.80 62.20 50.80 percent [+]
Manufacturing PMI 48.30 49.70 52.30 47.20 [+]
Industrial Production 5.70 5.40 29.40 -21.10 percent [+]
Industrial Production Mom 0.54 0.37 1.32 0.13 percent [+]
Manufacturing Production 5.50 5.60 11.40 5.50 percent [+]
New Orders 49.60 49.70 65.10 32.30 Index Points [+]
Changes in Inventories 14186.00 11054.00 14186.00 3.00 CNY HML [+]
Total Vehicle Sales 2367300.00 2661500.00 3060271.00 88416.00 [+]
Car Production 2054600.00 2122900.00 2669100.00 215533.00 Units [+]
Car Registrations 2233100.00 2173500.00 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 76121.00 77621.00 82552.00 4918.00 Thousand Tonnes [+]
Mining Production 3.60 2.30 7.90 -3.80 percent [+]
Capacity Utilization 76.00 76.50 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 50.90 52.20 53.70 48.00 [+]
Cement Production 18394.00 20521.00 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 6635140.00 6116880.00 7518710.00 1617.00 CNY Million [+]
Ease of Doing Business 46.00 78.00 99.00 46.00 [+]
Electricity Production 620000.00 554300.00 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 February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
50.90 52.20 53.70 48.00 2013 - 2019 Monthly
SA




Country Last Previous
Australia 51.50 Jan/19
Brazil 52.30 Jan/19
China 50.90 Jan/19
Euro Area 51.00 Jan/19
France 48.20 Jan/19
Germany 52.10 Jan/19
India 53.60 Jan/19
Italy 48.80 Jan/19
Japan 50.90 Jan/19
Russia 53.60 Jan/19
Singapore 50.10 Jan/19
South Africa 49.60 Jan/19
United Kingdom 50.30 Jan/19
United States 54.40 Jan/19


Related

Latest