The official Non-Manufacturing PMI for China dropped to a 15-month low of 53.4 in November of 2018 from 53.9 in a month earlier and missing market expectations of 53.8. New order growth was steady (at 50.1), while employment contracted for the third consecutive month (48.7 vs 48.9 in October). Meantime, new export orders rose for the first time in seven months (50.1 vs 47.8). On the price front, input prices went up much softer (50.8 vs 54.9), while output charge declined for the first time since March (49.4 vs 51.2). Regarding sentiment, it strengthened to the highest in three months (60.9 vs 60.6). Non Manufacturing PMI in China averaged 55.80 percent from 2007 until 2018, reaching an all time high of 62.20 percent in May of 2007 and a record low of 50.80 percent in December of 2008.

Non Manufacturing PMI in China is expected to be 53.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Non Manufacturing PMI in China to stand at 54.20 in 12 months time. In the long-term, the China Non Manufacturing PMI is projected to trend around 52.00 percent in 2020, according to our econometric models.

China Non 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 5.90 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 50.40 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 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 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 Non Manufacturing PMI

In China, the Non-Manufacturing purchasing managers index survey is based on data collected from a representative panel of 1200 enterprises from the non-manufacturing sector. The survey includes ten questions on business activity, new orders, new export orders, in hand orders index, stock, intermediate input price, subscription price, employment, supplier delivery time, and business activities expectation. For each question, the diffusion index is calculated. As there’s no integrated PMI, the business activity index is usually used to reflect the overall changes in non-manufacturing sector. A PMI reading above 50 percent indicates expansion from the previous month, while below 50 indicates contraction. This page provides the latest reported value for - China Non Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. China Non Manufacturing PMI - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
53.40 53.90 62.20 50.80 2007 - 2018 percent Monthly
SA




Country Last Previous
China 53.40 Nov/18
Japan 22.00 Sep/18
United States 60.70 Nov/18


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