China Services PMI  2012-2018 | Data | Chart | Calendar | Forecast | News

The Caixin China Services PMI unexpectedly jumped to 53.9 in December of 2017 from 51.9 in November and beating market consensus of 51.8. The figure pointed to the strongest pace of expansion in the service sector since August 2014, as new business increased the most since May 2015 and business optimism improved to a six-month high. Input price inflation matched March's four-year high, on raw materials, transportation and salaries, while output charge inflation was little-changed from the previous month. Looking ahead to 2018, the degree of optimism hit its strongest level since June. The PMI averaged 52.1 in 2017, almost unchanged from an annual average of 52.2 in 2016. 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 51.80 59.20 38.80 Index Points [+]
Non Manufacturing PMI 55.00 54.80 62.20 50.80 percent [+]
Manufacturing PMI 51.50 50.80 52.30 47.20 [+]
Services PMI 53.90 51.90 54.70 50.00 Index Points [+]
Industrial Production 6.20 6.10 29.40 -21.10 percent [+]
Industrial Production Mom 0.52 0.47 1.32 0.13 percent [+]
Manufacturing Production 6.50 6.80 11.40 6.30 percent [+]
New Orders 53.40 53.60 65.10 32.30 Index Points [+]
Changes in Inventories 10815.70 11109.60 12662.30 3.00 CNY HML [+]
Total Vehicle Sales 3060300.00 2957600.00 3060300.00 88416.00 [+]
Car Production 2609700.00 2669100.00 2669100.00 215533.00 Units [+]
Car Registrations 2653300.00 2589500.00 2672300.00 213534.00 [+]
Leading Economic Index 100.88 100.59 116.40 97.45 Index Points [+]
Internet Speed 7583.32 6295.74 7583.32 635.70 KBps [+]
IP Addresses 98862937.00 104032031.00 119094184.00 28818357.00 IP [+]
Steel Production 66151.00 72362.00 74594.00 4918.00 Thousand Tonnes [+]
Mining Production -0.90 -1.70 7.90 -3.80 percent [+]
Capacity Utilization 78.00 76.80 78.00 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 53.00 51.60 53.50 48.00 [+]
Cement Production 19144.00 22051.00 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 6875010.00 6245080.00 6880320.00 1617.00 CNY Million [+]
Ease of Doing Business 78.00 78.00 99.00 78.00 [+]
Electricity Production 569900.00 519600.00 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 January of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
53.90 51.90 54.70 50.00 2012 - 2017 Index Points Monthly




services pmi by Country
Country Last
Australia 52.00 Dec/17
Brazil 47.40 Dec/17
China 53.90 Dec/17
Euro Area 56.60 Dec/17
France 59.10 Dec/17
Germany 55.80 Dec/17
India 50.90 Dec/17
Italy 55.40 Dec/17
Japan 51.10 Dec/17
Russia 56.80 Dec/17
Spain 54.60 Dec/17
United Kingdom 54.20 Dec/17
United States 53.70 Dec/17


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