The Caixin China General Composite PMI declined to 50.6 in June 2019, the lowest reading since October 2018, from 51.5 in the previous month. Services growth slowed to a four-month low (PMI at 52.0 vs 52.7 in May) while manufacturing output shrank for the first time since February (PMI at 49.4 vs 50.2). New order growth slowed, with new export orders dropping again and employment declining for the second month in a row. Price pressures remained historically subdued in June. Lastly, sentiment weakened to a record-low for the second consecutive month. “The conflict between China and the US impacted business confidence rather heavily. Although its impact on exports hasn’t been fully reflected in the short-run, the longer term situation doesn’t look optimistic. Future government policies to stabilize economic growth are likely to focus on new types of infrastructure, consumption and high-quality manufacturing.” Zhengsheng Zhong, economist at CEBM Group said. Composite Pmi in China is reported by Markit Economics.

Composite Pmi in China is expected to be 52.50 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 50.00 in 12 months time. In the long-term, the China Composite Pmi is projected to trend around 51.60 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 49.40 59.20 38.80 Index Points [+]
Services PMI 52.00 52.70 54.70 50.00 Index Points [+]
Non Manufacturing PMI 54.20 54.30 62.20 50.80 percent [+]
Manufacturing PMI 49.40 50.20 52.30 47.20 [+]
Industrial Production 6.30 5.00 29.40 -21.10 percent [+]
Industrial Production Mom 0.68 0.38 1.32 0.13 percent [+]
Manufacturing Production 6.20 5.00 11.40 5.00 percent [+]
New Orders 49.60 49.80 65.10 32.30 Index Points [+]
Changes in Inventories 15873.10 14185.80 15873.10 3.00 CNY HML [+]
Total Vehicle Sales 2056000.00 1912565.00 3060271.00 88416.00 [+]
Car Production 1598000.00 1491400.00 2669100.00 215533.00 Units [+]
Car Registrations 1728000.00 1561200.00 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 89091.00 85032.00 89091.00 4918.00 Thousand Tonnes [+]
Mining Production 7.30 3.90 7.90 -3.80 percent [+]
Capacity Utilization 76.40 75.90 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 50.60 51.50 53.70 48.00 [+]
Cement Production 22696.00 21345.40 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 2379020.00 1812940.00 7518710.00 1617.00 CNY Million [+]
Ease of Doing Business 46.00 78.00 99.00 46.00 [+]
Electricity Production 583400.00 558900.00 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 July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
50.60 51.50 53.70 48.00 2013 - 2019 Monthly
SA




Country Last Previous
Australia 52.50 Jun/19
Brazil 49.00 Jun/19
China 50.60 Jun/19
Euro Area 52.20 Jun/19
France 52.70 Jun/19
Germany 52.60 Jun/19
India 50.80 Jun/19
Italy 50.10 Jun/19
Japan 50.80 Jun/19
Russia 49.20 Jun/19
Singapore 50.60 Jun/19
South Africa 49.70 Jun/19
United Kingdom 49.70 Jun/19
United States 51.50 Jun/19


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