The Official NBS Non-Manufacturing PMI edged down to 54.2 in July 2020 from 54.4 in the prior month. Still, this marked the fifth consecutive month of growth in the service sector, suggesting consumer confidence is recovering even as the country sees another round of COVID-19 cases in some parts of its regions, with new business continuing to expand (51.5 vs 52.7). Meantime, both overseas sales (44.5 vs 43.3) and employment (48.1 vs 48.7) declined further, amid a slight lightening in the suppliers' delivery time (51.9 vs 52.1). On the price front, input cost increased for the third month in a row and at the steepest rate since January (53.0 vs 52.9), and selling prices rose the most since the start of the year (50.1 vs 49.5). Finally, sentiment strengthened markedly (62.2 vs 60.3).

Non Manufacturing PMI in China averaged 55.42 percent from 2007 until 2020, reaching an all time high of 62.20 percent in May of 2007 and a record low of 29.60 percent in February of 2020. 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 - data, historical chart, forecasts and calendar of releases - was last updated on August of 2020. source: National Bureau of Statistics of China

Non Manufacturing PMI in China is expected to be 51.80 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 50.40 in 12 months time. In the long-term, the China Non Manufacturing PMI is projected to trend around 53.00 percent in 2021 and 52.90 percent in 2022, according to our econometric models.

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China Non Manufacturing PMI

Actual Previous Highest Lowest Dates Unit Frequency
54.20 54.40 62.20 29.60 2007 - 2020 percent Monthly
SA


News Stream
China Services Sector Grow for 5th Month: NBS
The Official NBS Non-Manufacturing PMI edged down to 54.2 in July 2020 from 54.4 in the prior month. Still, this marked the fifth consecutive month of growth in the service sector, suggesting consumer confidence is recovering even as the country sees another round of COVID-19 cases in some parts of its regions, with new business continuing to expand (51.5 vs 52.7). Meantime, both overseas sales (44.5 vs 43.3) and employment (48.1 vs 48.7) declined further, amid a slight lightening in the suppliers' delivery time (51.9 vs 52.1). On the price front, input cost increased for the third month in a row and at the steepest rate since January (53.0 vs 52.9), and selling prices rose the most since the start of the year (50.1 vs 49.5). Finally, sentiment strengthened markedly (62.2 vs 60.3).
2020-07-31
China Services Growth at 4-Month High: NBS
The Official NBS Non-Manufacturing PMI increased to 54.4 in June 2020 from 53.6 in the prior month. This marked the fourth consecutive month of growth in the service sector and the strongest since January. New business expanded further (52.7 vs 52.6 in May), amid softer declines in both overseas sales (43.3 vs 41.3) and employment (48.7 vs 48.5). Meantime, suppliers' delivery time shortened (52.1 vs 52.9). On the price front, input cost increased for the second time in four months (52.9 vs 52.0), while selling prices decreased the least since January (49.5 vs 48.6). Finally, sentiment weakened but remained noticeably solid (60.3 vs 63.9).
2020-06-30
China Services Growth Accelerates: NBS
The Official NBS Non-Manufacturing PMI rose to 53.6 in May 2020 from 53.2 in a month earlier. This was the third straight month of growth in the service sector and the strongest since January. New business grew faster (52.6 vs 52.1 in April) on the back of a slower rate in overseas sales (41.3 vs 35.5), with employment was little-changed (48.5 vs 48.6). Meantime, suppliers' delivery time lengthened further (52.9 vs 51.0). On the price front, input cost increased for the first time in four months (52.0 vs 49.0), while selling prices decreased the least since January (48.6 vs 45.4). Finally, sentiment strengthened noticeably (63.9 vs 60.1).
2020-05-31
China Services Growth Accelerates: NBS
The Official NBS Non-Manufacturing PMI rose to 53.2 in April 2020 from 52.3 a month earlier, as the Chinese government started to ease strict lockdown measures imposed due to the COVID-19 outbreak. New business grew for the first time in three months (52.1 vs 49.2 in March), despite a steeper fall in exports (35.5 vs 38.6), while employment fell at a softer pace (48.6 vs 47.7). On the price front, deflation deepened for both input prices (49.0 vs 49.4) and selling prices (45.4 vs 46.1). Lastly, business confidence strengthened (60.1 vs 57.3).
2020-04-30

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.