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

The Caixin China Services PMI unexpectedly declined to 50.6 in September of 2017 from 52.7 in August, way below market consensus of 53.1. The reading pointed to the weakest pace of expansion in the service sector since December 2015, as both new orders and employment rose at a slower pace and confidence softened. Also, the level of outstanding work at Chinese services companies declined during September, after a four-month sequence of accumulation. On the price front, input cost inflation picked up for the second month in a row while output charges set by services companies rose only slightly during September. 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 52.40 51.70 59.20 38.80 [+]
Non Manufacturing PMI 55.40 53.40 62.20 50.80 percent [+]
Manufacturing PMI 51.00 51.60 52.30 47.20 [+]
Services PMI 50.60 52.70 54.70 50.00 Index Points [+]
Industrial Production 6.60 6.00 29.40 -21.10 percent [+]
Industrial Production Mom 0.56 0.45 1.32 0.13 percent [+]
Manufacturing Production 8.10 6.90 11.40 6.30 percent [+]
New Orders 54.80 53.10 65.10 32.30 Index Points [+]
Changes in Inventories 10815.70 11109.60 12662.30 3.00 CNY HML [+]
Total Vehicle Sales 2709100.00 2186000.00 3057340.00 88416.00 [+]
Car Production 2297200.00 1789600.00 2644046.00 215533.00 Units [+]
Car Registrations 2342600.00 1875200.00 2672300.00 213534.00 [+]
Leading Economic Index 0.20 0.40 3.00 -3.80 percent [+]
Mining Production -3.80 -3.40 7.90 -3.80 percent [+]
Mni Business Sentiment 55.90 53.10 77.20 38.70 [+]
Steel Production 74594.00 74021.00 74594.00 4918.00 Thousand Tonnes [+]
Competitiveness Index 5.00 4.95 5.00 4.55 Points [+]
Competitiveness Rank 27.00 28.00 34.00 26.00 [+]
Composite Pmi 51.40 52.40 53.50 48.00 [+]
Cement Production 21185.00 21283.40 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 4921350.00 4248120.00 6880320.00 1617.00 CNY Million [+]
Ease of Doing Business 78.00 80.00 99.00 78.00 [+]
Electricity Production 594500.00 604700.00 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 October of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
50.60 52.70 54.70 50.00 2012 - 2017 Index Points Monthly




services pmi by Country

Last
Australia 52.10 Sep/17
Brazil 50.70 Sep/17
China 50.60 Sep/17
Euro Area 55.80 Sep/17
France 57.00 Sep/17
Germany 55.60 Sep/17
India 50.70 Sep/17
Italy 53.20 Sep/17
Japan 51.00 Sep/17
Russia 55.20 Sep/17
Spain 56.70 Sep/17
United Kingdom 53.60 Sep/17
United States 55.30 Sep/17