The official NBS Non-Manufacturing PMI for China increased to 47.8 in May of 2022 from April's 26-month low of 41.9, pointing to the third consecutive month of decline, as downward pressure from lockdown COVID-19 measures eased following various policies and measures by the Chinese government to stabilize conditions. New orders contracted at a softer rate (44.1 vs 37.4 in April), while both new export orders (42.8 vs 42.7) and employment (45.3 vs 45.4) continued to decline, despite the rate of their drops being little changed. At the same time, delivery time improved (45.3 vs 42.8). On prices, input cost rose for the fifth, despite the rate of increase moderating from April (52.5 vs 53.7); while output prices declined at a softer pace (49.4 vs 48.9). Finally, confidence improved (55.6 vs 53.6). source: National Bureau of Statistics of China

Non Manufacturing PMI in China averaged 55.07 percent from 2007 until 2022, reaching an all time high of 62.20 percent in May of 2007 and a record low of 29.60 percent in February of 2020. 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 - data, historical chart, forecasts and calendar of releases - was last updated on June of 2022.

Non Manufacturing PMI in China is expected to be 51.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the China Non Manufacturing PMI is projected to trend around 51.30 percent in 2023, according to our econometric models.

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China Non Manufacturing PMI



Related Last Previous Unit Reference
Business Confidence 49.60 47.40 points May 2022
Non Manufacturing PMI 47.80 41.90 percent May 2022
Industrial Production Mom 5.61 -5.80 percent May 2022
Industrial Production 0.70 -2.90 percent May 2022
Manufacturing Production 0.10 -4.60 percent May 2022
New Orders 48.20 42.60 points May 2022
Changes in Inventories 10996.00 6718.00 CNY HML Dec 2021
Leading Economic Index 97.47 97.11 points Feb 2022
Mining Production 7.00 9.50 percent May 2022
Corporate Profits 3441000.00 2658230.00 CNY Million May 2022
Cement Production 20279.54 19471.00 Ten Thousands of Tonnes May 2022
Electricity Production 608600.00 670170.00 Gigawatt-hour Apr 2022
Capacity Utilization 75.80 77.40 percent Mar 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
47.80 41.90 62.20 29.60 2007 - 2022 percent Monthly
SA

News Stream
China Services Activity Shrinks at Softer Pace
The official NBS Non-Manufacturing PMI for China increased to 47.8 in May of 2022 from April's 26-month low of 41.9, pointing to the third consecutive month of decline, as downward pressure from lockdown COVID-19 measures eased following various policies and measures by the Chinese government to stabilize conditions. New orders contracted at a softer rate (44.1 vs 37.4 in April), while both new export orders (42.8 vs 42.7) and employment (45.3 vs 45.4) continued to decline, despite the rate of their drops being little changed. At the same time, delivery time improved (45.3 vs 42.8). On prices, input cost rose for the fifth, despite the rate of increase moderating from April (52.5 vs 53.7); while output prices declined at a softer pace (49.4 vs 48.9). Finally, confidence improved (55.6 vs 53.6).
2022-05-31
China Services Activity Contracts the Most Since 2020
The official NBS Non-Manufacturing PMI for China sank to 41.9 in April of 2022 from February's reading of 48.4, pointing to the second consecutive month of decline, amid downward pressure from tough COVID-19 measures following outbreaks in many cities, including Shanghai and Beijing. New orders deteriorated further (37.4 vs 45.7 in March) on the back of a faster drop in both new export orders (42.7 vs 45.8 ) and employment (45.4 vs 47.1). On prices, input cost rose for the fourth month running despite the rate of increase softening (53.7 vs 55.9); while output prices fell after increasing in March (48.9 vs 51.1). Finally, confidence eased further (53.6 vs 54.6).
2022-04-30
China Non Manufacturing PMI Drops to 7-Month Low: NBS
The official NBS Non-Manufacturing PMI for China declined to 48.4 in March 2022 from January's reading of 51.6. This was the first decline in the service sector since last August, amid downward pressure from tough COVID-19 measures following outbreaks in many cities, including Shanghai and Shenzhen. Both new orders (45.7 vs 47.6) and new export orders (45.8 vs 48.1)shrank the most since last August, while employment contracted at a steeper rate (47.1 vs 48.0). On prices, input cost rose the most in five months (55.9 vs 53.9); while output prices increased after falling in February (51.1 vs 49.8). Finally, confidence was at a three-month low (54.6 vs 60.5).
2022-03-31