China Caixin Manufacturing PMI

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.

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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	[+]

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	Range
Australia	54.80	Apr/19	51	62.5 : 29.47
Brazil	51.50	Apr/19	52.8	53.5 : 41.6
Canada	49.70	Apr/19	50.5	57.1 : 47.5
China	50.20	Apr/19	50.8	52.3 : 47.2
Euro Area	47.70	May/19	47.9	60.6 : 33.5
France	50.60	May/19	50	58.8 : 42.7
Germany	44.30	May/19	44.4	63.3 : 32
India	51.80	Apr/19	52.6	55 : 47.9
Indonesia	50.40	Apr/19	51.2	58.5 : 46.4
Italy	49.10	Apr/19	47.4	59 : 47.4
Japan	49.60	May/19	50.2	56.2 : 29.6
Mexico	50.10	Apr/19	49.8	57.1 : 49.2
Netherlands	52.00	Apr/19	52.5	63.4 : 48
Russia	51.80	Apr/19	52.8	54.7 : 47.6
Saudi Arabia	56.80	Apr/19	56.8	61.8 : 51.4
Singapore	50.30	Apr/19	50.8	53.1 : 48.3
South Africa	47.20	Apr/19	45	60.87 : 35.09
South Korea	50.20	Apr/19	48.8	52.6 : 45.7
Spain	51.80	Apr/19	50.9	56.1 : 41.1
Switzerland	48.50	Apr/19	50.3	66.9 : 32.8
Turkey	46.80	Apr/19	47.2	55.7 : 42.7
United Kingdom	53.10	Apr/19	55.1	61.5 : 34.4
United States	50.60	May/19	52.6	57.9 : 50.6