Caixin Services PMI

The Caixin Services PMI™, released by Markit Economics, is based on data compiled from monthly replies to questionnaires sent to purchasing executives in over 400 private service sector companies. The panel has been carefully selected to accurately replicate the true structure of the services economy.

Most recent - Tuesday 5 November 2024 01:45

Previous
50.3
Forecast
50.5
Actual
52

Higher numbers than forecast tend to be bullish for CNY/xxx pairs and bearish for xxx/CNY pairs.

Next event - Wednesday 4 December 2024 01:45

Previous
-
Forecast
-
Actual
-

The typical/expected impact on CNY pairs is high.

There is no forecast value for Caixin Services PMI yet - check back for updates.

Trading range

Forecast history

The most recent announced value for Caixin Services PMI was 52 against a forecast of 50.5.

Past events

Date
Forecast
Actual
Tuesday 5 November 2024 01:45
50.5
52
Monday 30 September 2024 01:45
-
50.3
Wednesday 4 September 2024 01:45
52.2
51.6
Monday 5 August 2024 01:45
51.4
52.1
Wednesday 3 July 2024 01:45
53.4
51.2
Wednesday 5 June 2024 01:45
52.6
54
Monday 6 May 2024 01:45
52.5
52.5
Wednesday 3 April 2024 01:45
52.7
52.7
Tuesday 5 March 2024 01:45
52.9
52.5
Monday 5 February 2024 01:45
-
52.7
Thursday 4 January 2024 01:45
51.6
52.9
Tuesday 5 December 2023 01:45
50.8
51.5
Friday 3 November 2023 01:45
-
50.4
Sunday 1 October 2023 01:45
-
50.2
Tuesday 5 September 2023 01:45
-
51.8
Thursday 3 August 2023 01:45
52.5
54.1
Wednesday 5 July 2023 01:45
-
53.9
Monday 5 June 2023 01:45
57.1
57.1
Friday 5 May 2023 01:45
56.5
56.4
Thursday 6 April 2023 01:45
54
57.8
Friday 3 March 2023 01:45
50.5
55
Friday 3 February 2023 01:45
47.3
52.9
Thursday 5 January 2023 01:45
47.5
48
Monday 5 December 2022 01:45
48.8
46.7
Thursday 3 November 2022 01:45
-
48.4
Saturday 8 October 2022 01:45
-
49.3
Monday 5 September 2022 01:45
-
55
Wednesday 3 August 2022 01:45
48
55.5
Tuesday 5 July 2022 01:45
47.3
54.5
Monday 6 June 2022 01:45
47.3
41.4
Thursday 5 May 2022 01:45
-
36.2
Wednesday 6 April 2022 01:45
53
42
Thursday 3 March 2022 01:45
53
50.2
Monday 7 February 2022 01:45
52.9
51.4
Thursday 6 January 2022 01:45
-
53.1
Friday 3 December 2021 01:45
-
52.1

Economic context

Recent economic data has been strongly bullish for CNY. Other recent announcements which may affect the market's interpretation of the next Caixin Services PMI result:

PreviousLatest
Exports (YoY)Bullish change2.4%12.7%
Exports (YoY) CNYBullish change1.6%11.2%
Imports (YoY)Bearish change0.3%-2.3%
Imports (YoY) CNYBearish change0.7%-3.7%
Trade Balance CNYBullish change582.62B679.1B
Trade Balance USDBullish change$81.71B$95.27B
Caixin Manufacturing PMIBullish change49.350.3
NBS Manufacturing PMIBullish change49.850.1
NBS Non-Manufacturing PMIBullish change5050.2

About Caixin Services PMI

Country:China
Currency:CNY
Source:IHS Markit
Category:Economic Activity
Frequency:Monthly

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