China Services PMI  2012-2017 | Data | Chart | Calendar | Forecast | News

The Caixin China Services PMI rose to 51.2 in October of 2017 from a 21 month-low of 50.6 in September and above market consensus of 50.8. Business confidence improved slightly while new orders growth was modest and job creation remained marginal. At the same time, services providers were able to raise their prices at the fastest pace in over two years. Meanwhile, the sub-indices of input prices and prices charged continued to go up. The level of work-in-hand dropped for the second straight month. The latest reading was much weaker than the historical average. Services PMI in China is reported by Markit Economics.

China Services PMI
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China Business Last Previous Highest Lowest Unit
Business Confidence 51.60 52.40 59.20 38.80 [+]
Non Manufacturing PMI 54.30 55.40 62.20 50.80 percent [+]
Manufacturing PMI 51.00 51.00 52.30 47.20 [+]
Services PMI 51.20 50.60 54.70 50.00 Index Points [+]
Industrial Production 6.20 6.60 29.40 -21.10 percent [+]
Industrial Production Mom 0.50 0.56 1.32 0.13 percent [+]
Manufacturing Production 6.70 8.10 11.40 6.30 percent [+]
New Orders 52.90 54.80 65.10 32.30 Index Points [+]
Changes in Inventories 10815.70 11109.60 12662.30 3.00 CNY HML [+]
Total Vehicle Sales 2703500.00 2709100.00 3057340.00 88416.00 [+]
Car Production 2224800.00 2297200.00 2644046.00 215533.00 Units [+]
Car Registrations 2352500.00 2342600.00 2672300.00 213534.00 [+]
Leading Economic Index 0.00 -0.10 3.00 -3.80 percent [+]
Internet Speed 7583.32 6295.74 7583.32 635.70 KBps [+]
IP Addresses 98862937.00 104032031.00 119094184.00 28818357.00 IP [+]
Steel Production 71827.00 74594.00 74594.00 4918.00 Thousand Tonnes [+]
Mining Production -1.30 -3.80 7.90 -3.80 percent [+]
Capacity Utilization 76.80 76.80 76.80 72.90 percent [+]
Competitiveness Index 5.00 4.95 5.00 4.55 Points [+]
Competitiveness Rank 27.00 28.00 34.00 26.00 [+]
Composite Pmi 51.00 51.40 53.50 48.00 [+]
Cement Production 21989.60 22140.00 23427.00 781.50 Ten Thousands of Tonnes [+]
Corruption Index 40.00 37.00 40.00 21.60 Points [+]
Corruption Rank 79.00 83.00 100.00 40.00 [+]
Corporate Profits 5584600.00 4921350.00 6880320.00 1617.00 CNY Million [+]
Ease of Doing Business 78.00 78.00 99.00 78.00 [+]
Electricity Production 503800.00 522000.00 604700.00 41760.00 Gigawatt-hour [+]


China Services PMI

The Caixin China General Services PMI (Purchasing Managers' Index) is based on data compiled from monthly replies to questionnaires sent to purchasing executives in over 400 private service sector companies. The index tracks variables such as sales, employment, inventories and prices. A reading above 50 indicates that the services sector is generally expanding; below 50 indicates that it is generally declining. This page provides the latest reported value for - China Services PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. China Services PMI - actual data, historical chart and calendar of releases - was last updated on November of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
51.20 50.60 54.70 50.00 2012 - 2017 Index Points Monthly




services pmi by Country
Country Last
Australia 51.40 Oct/17
Brazil 48.80 Oct/17
China 51.20 Oct/17
Euro Area 55.00 Oct/17
France 57.30 Oct/17
Germany 54.70 Oct/17
India 51.70 Oct/17
Italy 52.10 Oct/17
Japan 53.40 Oct/17
Russia 53.90 Oct/17
Spain 54.60 Oct/17
United Kingdom 55.60 Oct/17
United States 55.30 Oct/17