The Caixin China General Manufacturing PMI rose to 50.0 in September 2021 from 49.2 in the prior month and beating market estimates of 49.5. New orders rose for the first time in three months and buying levels returned to growth while output fell at a softer rate. Meantime, exports sales continued to fall while employment dropped for the second straight month and at a steeper pace. On the cost side, inflationary pressure surged with input prices rising the most in four months, its 16th straight month of increase, amid reports of greater energy and raw material costs. This in turn led to a solid increase in prices charged. Looking forward, sentiment strengthened to its highest since June, underpinned by forecasts of an end to the pandemic, planned company expansions, rising customer demand, and new product launches. source: Markit Economics
Manufacturing PMI in China averaged 50.12 points from 2011 until 2021, reaching an all time high of 54.90 points in November of 2020 and a record low of 40.30 points in February of 2020. 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 - data, historical chart, forecasts and calendar of releases - was last updated on October of 2021.
Manufacturing PMI in China is expected to be 50.30 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the China Caixin Manufacturing PMI is projected to trend around 51.30 points in 2022 and 50.40 points in 2023, according to our econometric models.