China Caixin Manufacturing PMI

The Caixin China General Manufacturing PMI came in at 50.2 in November 2018, little-changed from the previous month's of 50.1, slightly above market consensus of 50.1. While new orders rose a bit faster; output was stable for the second month in a row; and export sales fell for the 8th straight month, indicating the impact of the Sino-US trade friction on outbound shipments. At the same time, relatively muted client demand and efforts to lower costs contributed to a further reduction in staff numbers. On the price front, inflationary pressures eased, with input costs increasing the least in seven months and selling prices falling for the first time in 1-1/2 years amid efforts to attract new business. Meantime confidence towards the year ahead remained subdued. "Overall, China’s economy was weak, but did not show significant signs of deterioration, " said Zhengsheng Zhong, director of macroeconomic analysis at CEBM Group. Manufacturing PMI in China is reported by Markit Economics.

Manufacturing PMI in China is expected to be 50.50 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing PMI in China to stand at 50.80 in 12 months time. In the long-term, the China Caixin Manufacturing PMI is projected to trend around 50.10 in 2020, according to our econometric models.

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China Business	Last	Previous	Highest	Lowest	Unit
Business Confidence	50.00	50.20	59.20	38.80	Index Points	[+]
Services PMI	53.80	50.80	54.70	50.00	Index Points	[+]
Non Manufacturing PMI	53.40	53.90	62.20	50.80	percent	[+]
Manufacturing PMI	50.20	50.10	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	50.40	50.80	65.10	32.30	Index Points	[+]
Changes in Inventories	14186.00	11054.00	14186.00	3.00	CNY HML	[+]
Total Vehicle Sales	2547800.00	2380127.00	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	82552.00	80845.00	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	51.90	50.50	53.70	48.00		[+]
Cement Production	22043.20	20781.00	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	5521180.00	4917340.00	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	[+]

In China, the Caixin Manufacturing PMI Purchasing Managers' Index measures the performance of the manufacturing sector and is derived from a survey of private 430 industrial 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 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 - actual data, historical chart and calendar of releases - was last updated on December of 2018.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	50.20	50.10	52.30	47.20	2011 - 2018		Monthly

Country	Last		Previous	Range
Australia	51.30	Nov/18	58.3	63.1 : 30.86
Brazil	52.70	Nov/18	51.1	53.5 : 41.6
Canada	54.90	Nov/18	53.9	57.1 : 47.5
China	50.20	Nov/18	50.1	52.3 : 47.2
Euro Area	51.40	Dec/18	51.8	60.6 : 33.5
France	49.70	Dec/18	50.8	58.8 : 42.7
Germany	51.50	Dec/18	51.8	63.3 : 32
India	54.00	Nov/18	53.1	55 : 47.9
Indonesia	50.40	Nov/18	50.5	58.5 : 46.4
Italy	48.60	Nov/18	49.2	59 : 48
Japan	52.40	Dec/18	52.2	56.2 : 29.6
Mexico	49.70	Nov/18	50.7	57.1 : 49.2
Netherlands	56.10	Nov/18	57.1	63.4 : 48
Russia	52.60	Nov/18	51.3	54.7 : 47.6
Saudi Arabia	55.20	Nov/18	53.8	61.8 : 51.4
Singapore	51.50	Nov/18	51.9	53.1 : 48.3
South Africa	49.50	Nov/18	42.4	60.87 : 35.09
South Korea	48.60	Nov/18	51	52.6 : 45.7
Spain	52.60	Nov/18	51.8	56.1 : 41.1
Switzerland	57.70	Nov/18	57.4	66.9 : 32.9
Turkey	44.70	Nov/18	44.3	55.7 : 42.7
United Kingdom	53.10	Nov/18	51.1	61.5 : 34.4
United States	55.30	Nov/18	55.7	57.9 : 50.7