The Caixin China General Manufacturing PMI came in at 50.1 in October 2018, little-changed from the previous month's 50 but beating market consensus of 49.9. New orders rose slightly while output was broadly unchanged and export sales fell for the seventh straight month. At the same time, relatively soft market conditions contributed to a further drop in workforce numbers, albeit modest, while buying activity rose only slightly. Prices data signalled a further squeeze on operating margins as input costs continued to rise at a faster rate than output charges. Notably, the rate of cost inflation accelerated to the second-sharpest in nine months. Meanwhile, confidence regarding the business outlook for output dipped to an 11-month low. “Overall, expansion across the manufacturing sector was still weak. China’s economy has not seen obvious improvement, 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 51.20 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.

China Caixin Manufacturing PMI
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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 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 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 Caixin Manufacturing PMI

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 November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
50.10 50.00 52.30 47.20 2011 - 2018 Monthly




Country Last
Australia 58.30 Oct/18
Brazil 51.10 Oct/18
Canada 53.90 Oct/18
China 50.10 Oct/18
Euro Area 52.00 Oct/18
France 51.20 Oct/18
Germany 52.20 Oct/18
India 53.10 Oct/18
Indonesia 50.50 Oct/18
Italy 49.20 Oct/18
Japan 52.90 Oct/18
Mexico 50.70 Oct/18
Netherlands 57.10 Oct/18
Russia 51.30 Oct/18
Saudi Arabia 53.80 Oct/18
Singapore 51.90 Oct/18
South Africa 42.40 Oct/18
South Korea 51.00 Oct/18
Spain 51.80 Oct/18
Switzerland 57.40 Oct/18
Turkey 44.30 Oct/18
United Kingdom 51.10 Oct/18
United States 55.70 Oct/18


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