China Non Manufacturing PMI

The official Non-Manufacturing PMI in China fell to 54.3 in February 2019 from a 4-month high of 54.7 in the previous month and below market consensus of 54.5. New orders growth slowed (50.7 vs 51.0 in January), while new export orders were up for the first time in three months (51.6 vs 49.5). Meantime, employment contracted for the sixth straight month and at the same pace as in January (48.6). In terms of prices, input cost inflation rose to a four-month high (52.7 vs 52.0), while output charges went up for the first time since October last year (50.1 vs 49.8). Looking ahead, business sentiment grew the most in ten months (61.5 vs 59.6). Non Manufacturing PMI in China averaged 55.77 percent from 2007 until 2019, 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.

Non Manufacturing PMI in China is expected to be 53.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Non Manufacturing PMI in China to stand at 52.00 in 12 months time. In the long-term, the China Non Manufacturing PMI is projected to trend around 52.00 percent in 2020, according to our econometric models.

Historical
Forecast

1Y 5Y 10Y MAX

width

height

Preview

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.

API Features Documentation Interested? Click here to contact us

China Business	Last	Previous	Highest	Lowest	Unit
Business Confidence	49.20	49.50	59.20	38.80	Index Points	[+]
Services PMI	51.10	53.60	54.70	50.00	Index Points	[+]
Non Manufacturing PMI	54.30	54.70	62.20	50.80	percent	[+]
Manufacturing PMI	49.90	48.30	52.30	47.20		[+]
Industrial Production	5.30	5.30	29.40	-21.10	percent	[+]
Industrial Production Mom	0.43	0.43	1.32	0.13	percent	[+]
Manufacturing Production	5.60	5.60	11.40	5.50	percent	[+]
New Orders	50.60	49.60	65.10	32.30	Index Points	[+]
Changes in Inventories	14186.00	11054.00	14186.00	3.00	CNY HML	[+]
Total Vehicle Sales	1480000.00	2367300.00	3060271.00	88416.00		[+]
Car Production	1140300.00	1995087.00	2669100.00	215533.00	Units	[+]
Car Registrations	1219500.00	2021089.00	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	75013.00	76121.00	82552.00	4918.00	Thousand Tonnes	[+]
Mining Production	0.30	0.30	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	50.70	50.90	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	[+]

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 March of 2019.