The RatingDog China General Manufacturing PMI fell to 50.8 in March 2026 from 52.1 in February, signaling a slowdown in factory expansion and below the expected 51.6. Output and new orders continued to rise, though at a slower pace, with production expanding for the fourth consecutive month. Backlogs increased as demand outpaced production, while employment rose for the third month, marking the longest stretch of job creation since mid-2021. Buying activity continued to expand, lifting input stocks slightly, though finished goods inventories contracted marginally. Supplier delivery times lengthened to the greatest extent since December 2022. Input price inflation surged to its highest since March 2022, while output price inflation hit a four-year peak, driven by rising energy costs amid Middle East tensions. Despite these pressures, manufacturers remained optimistic for production over the next 12 months, supported by stronger demand, capacity investment, and government policies. source: S&P Global
Manufacturing PMI in China decreased to 50.80 points in March from 52.10 points in February of 2026. Manufacturing PMI in China averaged 50.14 points from 2011 until 2026, 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.
Manufacturing PMI in China decreased to 50.80 points in March from 52.10 points in February of 2026. Manufacturing PMI in China is expected to be 50.80 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the China RatingDog Manufacturing PMI is projected to trend around 50.60 points in 2027 and 50.70 points in 2028, according to our econometric models.