The Caixin China General Composite PMI increased to a four-month high of 54.7 in April 2021 from 53.1 a month earlier. The latest reading was above the long-run trend, as the gauges for total demand, supply, employment, and overseas demand were all in expansionary territory. On the price front, inflationary pressures stayed strong, with input cost inflation hitting its highest since January 2017, while price charges rose solidly. Looking ahead, sentiment slipped from March's eight-year record but remained historically upbeat. "In the coming months, rising raw material prices and imported inflation are expected to limit policy choices and become a major obstacle to the sustained economic recovery," said Wang Zhe, senior economist at Caixin Insight Group source: Markit Economics
Composite PMI in China averaged 51.48 points from 2013 until 2021, reaching an all time high of 57.50 points in November of 2020 and a record low of 27.50 points in February of 2020. This page provides - China Composite Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. China Composite PMI - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.
Composite PMI in China is expected to be 54.00 points 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 51.40 in 12 months time. In the long-term, the China Composite PMI is projected to trend around 50.60 points in 2022, according to our econometric models.