The official NBS Non-Manufacturing PMI for China declined to a three-month low of 52.6 in August 2022 from 53.8 a month earlier, reflecting rising COVID-19 infections, renewed curbs in some cities, and power shortage due to severe drought in decades. There were falls in new orders (49.8 vs 49.7 in July), export sales (48.9 vs 45.1), and employment (46.8 vs 46.7). Meanwhile, suppliers' delivery time lengthened the most in three months (49.7 vs 50.7). On inflation, input cost stabilized after declining in July (50.0 vs 48.6); while output prices dropped for the sixth month in a row, with the rate of decrease softening slightly (47.6 vs 47.4). Finally, confidence weakened to a three-month low (58.4 vs 59.1). source: National Bureau of Statistics of China

Non Manufacturing PMI in China averaged 55.05 percent from 2007 until 2022, 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 September of 2022.

Non Manufacturing PMI in China is expected to be 52.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the China Non Manufacturing PMI is projected to trend around 51.30 percent in 2023, according to our econometric models.

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China Non Manufacturing PMI



Related Last Previous Unit Reference
Business Confidence 49.40 49.00 points Aug 2022
Non Manufacturing PMI 52.60 53.80 percent Aug 2022
Industrial Production Mom 0.32 0.38 percent Aug 2022
Industrial Production 4.20 3.80 percent Aug 2022
Manufacturing Production 3.10 2.70 percent Aug 2022
New Orders 49.20 48.50 points Aug 2022
Changes in Inventories 10996.00 6718.00 CNY HML Dec 2021
Leading Economic Index 95.03 93.57 points Jun 2022
Mining Production 5.30 8.10 percent Aug 2022
Cement Production 18808.00 19218.10 Ten Thousands of Tonnes Aug 2022
Electricity Production 824800.00 805920.00 Gigawatt-hour Aug 2022
Corporate Profits 4892950.00 4270220.00 CNY Million Jul 2022
Capacity Utilization 75.10 75.80 percent Jun 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
52.60 53.80 62.20 29.60 2007 - 2022 percent Monthly
SA

News Stream
China Services PMI Falls to 3-Month Low
The official NBS Non-Manufacturing PMI for China declined to a three-month low of 52.6 in August 2022 from 53.8 a month earlier, reflecting rising COVID-19 infections, renewed curbs in some cities, and power shortage due to severe drought in decades. There were falls in new orders (49.8 vs 49.7 in July), export sales (48.9 vs 45.1), and employment (46.8 vs 46.7). Meanwhile, suppliers' delivery time lengthened the most in three months (49.7 vs 50.7). On inflation, input cost stabilized after declining in July (50.0 vs 48.6); while output prices dropped for the sixth month in a row, with the rate of decrease softening slightly (47.6 vs 47.4). Finally, confidence weakened to a three-month low (58.4 vs 59.1).
2022-08-31
China Services Growth Eases
The official NBS Non-Manufacturing PMI for China declined to 53.8 in July 2022 from a 13-month high of 54.7 a month earlier, reflecting rising COVID-19 infections and renewed curbs in some cities. Still, this was the second straight month of growth in the service sector, amid signs of recovery in confidence toward the industry following a series of policy measures by the government to stabilize growth and promote consumption. The gauge for both new orders (49.7 vs 53.2 in June) and export sales (45.1 vs 50.1) dropped, and the measure for employment continued to be in a contraction territory (46.7 vs 46.9). Meanwhile, suppliers' delivery time was little changed (50.7 vs 50.8). On prices, input cost decreased for the first time since December 2021, while output prices dropped for the fourth month in a row, with the rate of decrease quickening sharply (47.4 vs 49.6). Finally, confidence softened (59.1 vs 61.3).
2022-07-31
China Services Sector Grows the Most in 13 Months
The official NBS Non-Manufacturing PMI for China surged to 54.7 in June of 2022 from 47.8 in May. This was the first expansion in the service sector in four months and the strongest growth since May 2021, as COVID-19 cases in several major cities dropped and restrictions eased further. Both new orders (53.2 vs 44.1 in May) and new export orders (50.1 vs 42.8) returned to expansion while employment declined at a softer rate (46.9 vs 45.3). At the same time, delivery time improved sharply, shortening for the first time since last November (50.8 vs 45.3). On prices, input cost rose for the sixth straight month (52.6 vs 52.5); while output prices dropped for the third month in a row, with the rate of decrease slightly less than that in May (49.6 vs 49.4). Finally, confidence strengthened strongly (61.3 vs 55.6).
2022-06-30