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

The Caixin China General Services PMI unexpectedly rose to a three-month high of 53.1 in September of 2018 from 51.5 in the previous month and beating market consensus of 51.4. New orders increased the most since June, pointing to some improvement in demand. Meantime, employment contracted for the first time in over two years, while outstanding workloads continued to fall. On the price front, input costs rose at the steepest rate since January, which could squeeze company profit margins. According to panelists, higher prices for fuel, raw materials and greater staffing costs all underpinned the latest increase in operating expenses. Meantime, firms signaled broadly no change to their output charges, with some mentioning greater efforts to remain competitive. Sentiment slipped amid concerns of ongoing global trade tensions and more restrictive environmental policies. 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 50.80 51.30 59.20 38.80 Index Points [+]
Services PMI 53.10 51.50 54.70 50.00 Index Points [+]
Non Manufacturing PMI 54.90 54.20 62.20 50.80 percent [+]
Manufacturing PMI 50.00 50.60 52.30 47.20 [+]
Industrial Production 6.10 6.00 29.40 -21.10 percent [+]
Industrial Production Mom 0.52 0.48 1.32 0.13 percent [+]
Manufacturing Production 6.10 6.20 11.40 6.00 percent [+]
New Orders 52.00 52.20 65.10 32.30 Index Points [+]
Changes in Inventories 14186.00 11054.00 14186.00 3.00 CNY HML [+]
Total Vehicle Sales 2394100.00 2103400.00 3060271.00 88416.00 [+]
Car Production 2024800.00 1705200.00 2669100.00 215533.00 Units [+]
Car Registrations 2060500.00 1789900.00 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 [+]
Steel Production 80326.00 81241.00 81241.00 4918.00 Thousand Tonnes [+]
Mining Production 2.00 1.30 7.90 -3.80 percent [+]
Capacity Utilization 76.80 76.50 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 52.10 52.00 53.70 48.00 [+]
Cement Production 20018.00 19618.10 23427.00 781.50 Ten Thousands of Tonnes [+]
Corruption Index 41.00 40.00 41.00 21.60 Points [+]
Corruption Rank 77.00 79.00 100.00 40.00 [+]
Corporate Profits 4424870.00 3903810.00 7518710.00 1617.00 CNY Million [+]
Ease of Doing Business 78.00 78.00 99.00 78.00 [+]
Electricity Production 640500.00 640000.00 640500.00 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 2018.

Actual Previous Highest Lowest Dates Unit Frequency
53.10 51.50 54.70 50.00 2012 - 2018 Index Points Monthly




services pmi by Country
Country Last
Australia 52.50 Sep/18
Brazil 46.40 Sep/18
China 53.10 Sep/18
Euro Area 54.70 Sep/18
France 54.80 Sep/18
Germany 55.90 Sep/18
India 50.90 Sep/18
Italy 53.30 Sep/18
Japan 50.20 Sep/18
Russia 54.70 Sep/18
Spain 52.50 Sep/18
United Kingdom 53.90 Sep/18
United States 53.50 Sep/18


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