The official NBS Non-Manufacturing PMI for China increased sharply to 54.4 in January 2023 from 41.6 a month earlier. This was the first expansion in the service sector in four months and the strongest growth since June last year, due to lifting zero-Covid policy. New orders increased for the first time in seven months and at the fastest pace since June last year (52.5 vs 39.1 in December), foreign sales shrank at a softer rate (45.9 vs 44.5), and a decline in employment eased to the least in five months (46.7 vs 42.9). At the same time, delivery time lengthened at the smallest extent in five months (49.7 vs 40.4). On inflation, input cost accelerated for the first time in three months, and the most since June last year (51.5 vs 49.2) while output prices decreased for the tenth consecutive month, with the rate of fall easing from the previous month (48.3 vs 47.5). source: National Bureau of Statistics of China

Non Manufacturing PMI in China averaged 54.88 percent from 2007 until 2023, reaching an all time high of 62.20 percent in May of 2007 and a record low of 29.60 percent in February of 2020. 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 - data, historical chart, forecasts and calendar of releases - was last updated on February of 2023.

Non Manufacturing PMI in China is expected to be 50.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

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China Non Manufacturing PMI



Related Last Previous Unit Reference
Business Confidence 50.10 47.00 points Jan 2023
Non Manufacturing PMI 54.40 41.60 percent Jan 2023
Industrial Production Mom 0.06 -0.31 percent Dec 2022
Industrial Production 1.30 2.20 percent Dec 2022
Manufacturing Production 0.20 2.00 percent Dec 2022
New Orders 50.90 43.90 points Jan 2023
Changes in Inventories 10996.00 6718.00 CNY HML Dec 2021
Leading Economic Index 94.39 93.85 points Sep 2022
Mining Production 4.90 5.90 percent Dec 2022
Electricity Production 757900.00 666671.58 Gigawatt-hour Dec 2022
Corporate Profits 8403850.00 7717960.00 CNY Million Dec 2022
Cement Production 16844.00 19172.00 Ten Thousands of Tonnes Dec 2022
Capacity Utilization 75.70 75.60 percent Dec 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
54.40 41.60 62.20 29.60 2007 - 2023 percent Monthly
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News Stream
China Services Grows the Most in 7 Months
The official NBS Non-Manufacturing PMI for China increased sharply to 54.4 in January 2023 from 41.6 a month earlier. This was the first expansion in the service sector in four months and the strongest growth since June last year, due to lifting zero-Covid policy. New orders increased for the first time in seven months and at the fastest pace since June last year (52.5 vs 39.1 in December), foreign sales shrank at a softer rate (45.9 vs 44.5), and a decline in employment eased to the least in five months (46.7 vs 42.9). At the same time, delivery time lengthened at the smallest extent in five months (49.7 vs 40.4). On inflation, input cost accelerated for the first time in three months, and the most since June last year (51.5 vs 49.2) while output prices decreased for the tenth consecutive month, with the rate of fall easing from the previous month (48.3 vs 47.5).
2023-01-31
China Services Sector Contracts for 3rd Month
The official NBS Non-Manufacturing PMI for China declined sharply to 41.6 in December 2022 from 46.7 a month earlier. This was the third straight month of contraction in the services sector and the steepest fall since February 2020, due to surging COVID cases after Beijing abruptly eased its tough anti-virus policy. New orders decreased for the sixth month running and at the fastest pace since April (39.1 vs 42.3 in November), foreign sales shrank the most in seven months (44.5 vs 46.1), and a decline in employment accelerated (42.9 vs 45.5). At the same time, delivery time lengthened sharply (40.4 vs 45.0). On inflation, input cost fell after stabilizing in November (49.2 vs 49.9) while output prices decreased for the ninth consecutive month, with the rate of fall the most in five months (47.5 vs 48.7).
2022-12-31
China NBS Services PMI Falls to 7-Month Low
The official NBS Non-Manufacturing PMI for China dropped to 46.7 in November 2022 from 48.7 a month earlier. This was the second straight month of contraction in the services sector and the steepest pace since April, amid a new wave of COVID cases and tough restrictions in several key cities in China. New orders contracted for the fifth month running and were at the fastest drop since April (42.3 vs 42.8 in October), foreign sales remained weak (46.1 vs 45.0), and a decline in employment accelerated (45.5 vs 46.1). At the same time, delivery time lengthened the most in seven months (45.0 vs 48.3). On inflation, input cost stabilized after rising slightly in October (49.9 vs 51.0) while output prices decreased for the eighth consecutive month despite the rate of fall softening (48.7 vs 48.1). Finally, confidence weakened to a seven-month low (54.1 vs 57.9).
2022-11-30