The Caixin China General Manufacturing PMI fell unexpectedly to 50.2 in April 2019 from an eight-month high of 50.8 in March, missing market expectations of 51.0. Both output and new orders expanded at softer rates and new export sales fell for the second straight month, amid weaker overseas demand. At the same time, buying activity broadly stabilized, but relatively subdued demand conditions led firms to remain reluctant to expand their inventories. On the price front, both input costs and output charges rose marginally, with some linking lower selling prices to recent sales tax reforms. Finally, confidence strengthened to an 11-month high, boosted by new product launches, planned company expansions and expectations that global demand conditions will improve. Manufacturing PMI in China is reported by Markit Economics.

Manufacturing PMI in China is expected to be 49.60 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing PMI in China to stand at 49.80 in 12 months time. In the long-term, the China Caixin Manufacturing PMI is projected to trend around 50.40 in 2020, according to our econometric models.

China Caixin Manufacturing PMI
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China Business Last Previous Highest Lowest Unit
Business Confidence 50.10 50.50 59.20 38.80 Index Points [+]
Services PMI 54.50 54.40 54.70 50.00 Index Points [+]
Non Manufacturing PMI 54.30 54.80 62.20 50.80 percent [+]
Manufacturing PMI 50.20 50.80 52.30 47.20 [+]
Industrial Production 5.40 8.50 29.40 -21.10 percent [+]
Industrial Production Mom 0.37 0.97 1.32 0.13 percent [+]
Manufacturing Production 5.30 9.00 11.40 5.30 percent [+]
New Orders 51.40 51.60 65.10 32.30 Index Points [+]
Changes in Inventories 14186.00 11054.00 14186.00 3.00 CNY HML [+]
Total Vehicle Sales 1980500.00 2520000.00 3060271.00 88416.00 [+]
Car Production 1660500.00 2089800.00 2669100.00 215533.00 Units [+]
Car Registrations 1574900.00 2019400.00 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 80326.00 70988.00 82552.00 4918.00 Thousand Tonnes [+]
Mining Production 2.90 4.60 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 52.70 52.90 53.70 48.00 [+]
Cement Production 21345.40 17971.10 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 1297200.00 708010.00 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 Caixin Manufacturing PMI

In China, the Caixin Manufacturing PMI Purchasing Managers' Index measures the performance of the manufacturing sector and is derived from a survey of private 430 industrial companies. The Manufacturing Purchasing Managers Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change. This page provides the latest reported value for - China Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. China Caixin Manufacturing PMI - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
50.20 50.80 52.30 47.20 2011 - 2019 Monthly




Country Last Previous
Australia 54.80 Apr/19
Brazil 51.50 Apr/19
Canada 49.70 Apr/19
China 50.20 Apr/19
Euro Area 47.70 May/19
France 50.60 May/19
Germany 44.30 May/19
India 51.80 Apr/19
Indonesia 50.40 Apr/19
Italy 49.10 Apr/19
Japan 49.60 May/19
Mexico 50.10 Apr/19
Netherlands 52.00 Apr/19
Russia 51.80 Apr/19
Saudi Arabia 56.80 Apr/19
Singapore 50.30 Apr/19
South Africa 47.20 Apr/19
South Korea 50.20 Apr/19
Spain 51.80 Apr/19
Switzerland 48.50 Apr/19
Turkey 46.80 Apr/19
United Kingdom 53.10 Apr/19
United States 50.60 May/19


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