The official NBS Non-Manufacturing PMI dropped to 53.9 in October 2018 from 54.9 in the previous month and missing market expectations of 54.9. The reading pointed to the weakest pace of expansion in the non-manufacturing sector since August 2017, as services output growth slowed while construction activity rose at faster pace. Overall, new orders were virtually unchanged (50.1 vs 51 in September) as new export orders fell for the six month in a row (47.8 vs 49.8); and employment contracted for the second consecutive month (48.9 vs 49.3). On the price front, input and output cost inflation rates slowed. Meanwhile, the index measuring business activity expectations rose to 60.6 in October from 60.1 in September. Non Manufacturing PMI in China averaged 55.82 percent from 2007 until 2018, reaching an all time high of 62.20 percent in May of 2007 and a record low of 50.80 percent in December of 2008.

China Non Manufacturing PMI
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China Business Last Previous Highest Lowest Unit
Business Confidence 50.20 50.80 59.20 38.80 Index Points [+]
Services PMI 50.80 53.10 54.70 50.00 Index Points [+]
Non Manufacturing PMI 53.90 54.90 62.20 50.80 percent [+]
Manufacturing PMI 50.10 50.00 52.30 47.20 [+]
Industrial Production 5.90 5.80 29.40 -21.10 percent [+]
Industrial Production Mom 0.48 0.48 1.32 0.13 percent [+]
Manufacturing Production 6.10 5.70 11.40 5.70 percent [+]
New Orders 50.80 52.00 65.10 32.30 Index Points [+]
Changes in Inventories 14186.00 11054.00 14186.00 3.00 CNY HML [+]
Total Vehicle Sales 2380100.00 2394062.00 3060271.00 88416.00 [+]
Car Production 2002200.00 2024800.00 2669100.00 215533.00 Units [+]
Car Registrations 2046800.00 2060500.00 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 80845.00 80326.00 81241.00 4918.00 Thousand Tonnes [+]
Mining Production 3.80 2.20 7.90 -3.80 percent [+]
Capacity Utilization 76.50 76.80 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 50.50 52.10 53.70 48.00 [+]
Cement Production 22043.20 20781.00 23427.00 781.50 Ten Thousands of Tonnes [+]
Corruption Index 41.00 40.00 41.00 21.60 Points [+]
Corruption Rank 77.00 79.00 100.00 40.00 [+]
Corporate Profits 4917340.00 4424870.00 7518710.00 1617.00 CNY Million [+]
Ease of Doing Business 46.00 78.00 99.00 46.00 [+]
Electricity Production 533000.00 548300.00 640500.00 41760.00 Gigawatt-hour [+]


China Non Manufacturing PMI

In China, the Non-Manufacturing purchasing managers index survey is based on data collected from a representative panel of 1200 enterprises from the non-manufacturing sector. The survey includes ten questions on business activity, new orders, new export orders, in hand orders index, stock, intermediate input price, subscription price, employment, supplier delivery time, and business activities expectation. For each question, the diffusion index is calculated. As there’s no integrated PMI, the business activity index is usually used to reflect the overall changes in non-manufacturing sector. A PMI reading above 50 percent indicates expansion from the previous month, while below 50 indicates contraction. This page provides the latest reported value for - China Non Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. China Non Manufacturing PMI - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
53.90 54.90 62.20 50.80 2007 - 2018 percent Monthly
SA




Country Last
China 53.90 Oct/18
Japan 22.00 Sep/18
United States 60.30 Oct/18


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