The Official NBS Manufacturing PMI in China fell to 50.2 in October 2018 from 50.8 in the previous month and missing market consensus of 50.6. The reading pointed to the weakest pace of expansion in the manufacturing sector since a contraction in July 2016, as output rose the least in eight months (52 vs 53 in September) and new order growth continued to slow (50.8 vs 52), with export sales falling for the fifth straight month (46.9 vs 48). In addition, employment contracted the most since February (48.1 vs 48.3) and raw materials inventory dropped further (47.2 vs 47.8). Still, the index measuring production and business expectations was unchanged at 56.4. Business Confidence in China averaged 51.94 Index Points from 2005 until 2018, reaching an all time high of 59.20 Index Points in April of 2008 and a record low of 38.80 Index Points in November of 2008.

China NBS Manufacturing PMI
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Calendar GMT Actual Previous Consensus TEForecast
2018-08-31 01:00 AM NBS Manufacturing PMI 51.3 51.2 51 51.5
2018-09-30 01:00 AM NBS Manufacturing PMI 50.8 51.3 51.2 50.9
2018-10-31 01:00 AM NBS Manufacturing PMI 50.2 50.8 50.6 50.6
2018-11-30 01:00 AM NBS Manufacturing PMI 50.2 51.6
2018-12-31 01:00 AM NBS Manufacturing PMI 51.4


China Business Last Previous Highest Lowest Unit
Business Confidence 50.20 50.80 59.20 38.80 Index Points [+]
Services PMI 50.80 53.10 54.70 50.00 Index Points [+]
Non Manufacturing PMI 53.90 54.90 62.20 50.80 percent [+]
Manufacturing PMI 50.10 50.00 52.30 47.20 [+]
Industrial Production 5.90 5.80 29.40 -21.10 percent [+]
Industrial Production Mom 0.48 0.48 1.32 0.13 percent [+]
Manufacturing Production 6.10 5.70 11.40 5.70 percent [+]
New Orders 50.80 52.00 65.10 32.30 Index Points [+]
Changes in Inventories 14186.00 11054.00 14186.00 3.00 CNY HML [+]
Total Vehicle Sales 2380100.00 2394062.00 3060271.00 88416.00 [+]
Car Production 2002200.00 2024800.00 2669100.00 215533.00 Units [+]
Car Registrations 2046800.00 2060500.00 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 80845.00 80326.00 81241.00 4918.00 Thousand Tonnes [+]
Mining Production 3.80 2.20 7.90 -3.80 percent [+]
Capacity Utilization 76.50 76.80 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 50.50 52.10 53.70 48.00 [+]
Cement Production 20781.00 20018.00 23427.00 781.50 Ten Thousands of Tonnes [+]
Corruption Index 41.00 40.00 41.00 21.60 Points [+]
Corruption Rank 77.00 79.00 100.00 40.00 [+]
Corporate Profits 4917340.00 4424870.00 7518710.00 1617.00 CNY Million [+]
Ease of Doing Business 46.00 78.00 99.00 46.00 [+]
Electricity Production 533000.00 548300.00 640500.00 41760.00 Gigawatt-hour [+]


China NBS Manufacturing PMI

In China, the NBS Manufacturing Purchasing Manager Index measures the performance of the manufacturing sector and is derived from a survey of more large-scale, state-owned 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 - China Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. China NBS Manufacturing PMI - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
50.20 50.80 59.20 38.80 2005 - 2018 Index Points Monthly




Country Last
Australia 4.00 Oct/18
Brazil 53.70 Oct/18
Canada 61.80 Oct/18
China 50.20 Oct/18
Euro Area 1.01 Oct/18
France 104.00 Oct/18
Germany 102.80 Oct/18
India 64.90 Jun/18
Indonesia 108.05 Sep/18
Italy 104.90 Oct/18
Japan 19.00 Sep/18
Mexico 50.70 Oct/18
Netherlands 5.90 Oct/18
Russia -5.00 Oct/18
Saudi Arabia 3.00 Jun/16
Singapore -1.00 Sep/18
South Africa 38.00 Sep/18
South Korea 71.00 Oct/18
Spain -2.50 Oct/18
Switzerland 100.10 Oct/18
Turkey 87.60 Oct/18
United Kingdom -16.00 Dec/18
United States 57.70 Oct/18


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