The Caixin China General Composite PMI increased to 52.2 in December 2018 from 51.9 in the previous month. The latest reading pointed to the strongest pace of expansion in the private sector since July, as service sector activity grew the most in six months (PMI at 53.9 vs 53.8 in November), while manufacturing output contracted for the first time since May 2017 (PMI at 49.7 vs 50.2). Both new work and new export business advanced slightly and backlogs of works rose, while staffing levels continued to fall. On the price front, input costs increased at the joint-weakest rate for two-and-a-half years. Meantime, selling prices fell for the first time since May 2017, though only slightly. Finally, overall business confidence remained relatively subdued in the context of historical data, with a number of surveyed firms citing concerns over relatively soft market conditions. Composite Pmi in China is reported by Markit Economics.

Composite Pmi in China is expected to be 51.40 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 52.00 in 12 months time. In the long-term, the China Composite Pmi is projected to trend around 52.40 in 2020, according to our econometric models.

China Composite Pmi
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China Business Last Previous Highest Lowest Unit
Business Confidence 49.40 50.00 59.20 38.80 Index Points [+]
Services PMI 53.90 53.80 54.70 50.00 Index Points [+]
Non Manufacturing PMI 53.80 53.40 62.20 50.80 percent [+]
Manufacturing PMI 49.70 50.20 52.30 47.20 [+]
Industrial Production 5.40 5.90 29.40 -21.10 percent [+]
Industrial Production Mom 0.36 0.47 1.32 0.13 percent [+]
Manufacturing Production 5.60 6.10 11.40 5.60 percent [+]
New Orders 49.70 50.40 65.10 32.30 Index Points [+]
Changes in Inventories 14186.00 11054.00 14186.00 3.00 CNY HML [+]
Total Vehicle Sales 2661500.00 2547800.00 3060271.00 88416.00 [+]
Car Production 2122900.00 2002200.00 2669100.00 215533.00 Units [+]
Car Registrations 2173500.00 2046800.00 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 77621.00 82552.00 82552.00 4918.00 Thousand Tonnes [+]
Mining Production 2.30 3.80 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 52.20 51.90 53.70 48.00 [+]
Cement Production 20521.00 22043.20 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 6116880.00 5521180.00 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 Composite Pmi

In China, the Caixin China Composite Output Index tracks business trends across private sector activity, based on data collected from a representative panel of around 400 companies. The index tracks variables such as sales, new orders, employment, inventories and prices. A reading above 50 indicates expansion in business activity and below 50 indicates that it is generally declining. This page provides - China Composite Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. China Composite Pmi - actual data, historical chart and calendar of releases - was last updated on January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
52.20 51.90 53.70 48.00 2013 - 2018 Monthly
SA




Country Last Previous
Australia 52.40 Dec/18
Brazil 52.40 Dec/18
China 52.20 Dec/18
Euro Area 51.10 Dec/18
France 48.70 Dec/18
Germany 51.60 Dec/18
India 53.60 Dec/18
Italy 50.00 Dec/18
Japan 52.00 Dec/18
Russia 53.90 Dec/18
Singapore 52.70 Dec/18
South Africa 49.00 Dec/18
United Kingdom 51.40 Dec/18
United States 54.40 Dec/18


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