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.

China Caixin Manufacturing PMI
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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 [+]


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 December of 2018.

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




Country Last Previous
Australia 51.30 Nov/18
Brazil 52.70 Nov/18
Canada 54.90 Nov/18
China 50.20 Nov/18
Euro Area 51.40 Dec/18
France 49.70 Dec/18
Germany 51.50 Dec/18
India 54.00 Nov/18
Indonesia 50.40 Nov/18
Italy 48.60 Nov/18
Japan 52.40 Dec/18
Mexico 49.70 Nov/18
Netherlands 56.10 Nov/18
Russia 52.60 Nov/18
Saudi Arabia 55.20 Nov/18
Singapore 51.50 Nov/18
South Africa 49.50 Nov/18
South Korea 48.60 Nov/18
Spain 52.60 Nov/18
Switzerland 57.70 Nov/18
Turkey 44.70 Nov/18
United Kingdom 53.10 Nov/18
United States 55.30 Nov/18


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