The typical/expected impact on CNY pairs is high.
There is no forecast value for Caixin Services PMI yet - check back for updates.
The most recent announced value for Caixin Services PMI was 52.7 against a forecast of 52.7.
Recent economic data has been moderately bearish for CNY. Other recent announcements which may affect the market's interpretation of the next Caixin Services PMI result:
Previous | Latest | ||||
---|---|---|---|---|---|
Gross Domestic Product (QoQ) | Bullish change | 1.2% | 1.6% | ||
Gross Domestic Product (YoY) | Bullish change | 5.2% | 5.3% | ||
Industrial Production (YoY) | Bearish change | 7% | 4.5% | ||
Retail Sales (YoY) | Bearish change | 5.5% | 3.1% | ||
Exports (YoY) | Bearish change | 7.1% | -7.5% | ||
Exports (YoY) CNY | Bearish change | 10.6% | -3.8% | ||
Imports (YoY) | Bearish change | 3.5% | -1.9% | ||
Imports (YoY) CNY | Bearish change | 6.7% | 2% | ||
Trade Balance CNY | Bullish change | 281.97B | 415.86B | ||
Trade Balance USD | Bearish change | $125.16B | $58.55B | ||
Consumer Price Index (MoM) | Bearish change | 1% | -1% | ||
Consumer Price Index (YoY) | Bearish change | 0.7% | 0.1% | ||
Producer Price Index (YoY) | Bearish change | -2.7% | -2.8% |
Country: | China |
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Currency: | CNY |
Source: | IHS Markit |
Category: | Economic Activity |
Frequency: | Monthly |