The Official NBS Non-Manufacturing PMI in China unexpectedly edged up to 53.8 in August 2019 from an eight-month low of 53.7 in the previous month and beating market estimates of 53.6. New orders expanded further (50.1 vs 50.4 in July), while overseas sales grew for the first time in six months (50.3 vs 48.4). At the same time, employment fell for the twelve straight month but was at the weakest since October 2018 (48.9 vs 48.7). In terms of prices, input costs rose the least since December last year (50.8 vs 52.9), while output charges declined again (49.1 vs 50.6). Finally, confidence strengthened to a five-month high (60.4 vs 59.8). Non Manufacturing PMI in China averaged 55.71 percent from 2007 until 2019, 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 52.40 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 52.50 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 49.50 49.70 59.20 38.80 Index Points [+]
Non Manufacturing PMI 53.80 53.70 62.20 50.80 percent [+]
Manufacturing PMI 50.40 49.90 52.30 47.20 [+]
Services PMI 52.10 51.60 54.70 50.00 Index Points [+]
Industrial Production 4.80 6.30 29.40 -21.10 percent [+]
Industrial Production Mom 0.19 0.67 1.32 0.13 percent [+]
Manufacturing Production 4.50 6.20 11.40 4.50 percent [+]
New Orders 49.70 49.80 65.10 32.30 Index Points [+]
Changes in Inventories 15873.10 14185.80 15873.10 3.00 CNY HML [+]
Total Vehicle Sales 1958000.00 1808472.00 3060271.00 88416.00 [+]
Car Production 1693000.00 1523000.00 2669100.00 215533.00 Units [+]
Car Registrations 1653000.00 1528000.00 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 [+]
Mining Production 6.60 7.30 7.90 -3.80 percent [+]
Steel Production 85223.00 87533.00 89091.00 4918.00 Thousand Tonnes [+]
Capacity Utilization 76.40 75.90 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 51.60 50.90 53.70 48.00 [+]
Cement Production 21003.00 20985.90 23427.00 781.50 Ten Thousands of Tonnes [+]
Corruption Index 39.00 41.00 41.00 21.60 Points [+]
Corruption Rank 87.00 77.00 100.00 40.00 [+]
Corporate Profits 3497700.00 2984000.00 7518710.00 1617.00 CNY Million [+]
Ease of Doing Business 46.00 78.00 99.00 46.00 [+]
Electricity Production 657300.00 583400.00 657300.00 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 September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
53.80 53.70 62.20 50.80 2007 - 2019 percent Monthly
SA




Country Last Previous
China 53.80 Aug/19
Japan 23.00 Jun/19
United States 56.40 Aug/19


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