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 - Wednesday 3 April 2024 01:45

Previous
52.5
Forecast
52.7
Actual
52.7

Next event - Friday 3 May 2024 01:45

Previous
52.7
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 52.7 against a forecast of 52.7.

Past events

Date
Forecast
Actual
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
Wednesday 3 November 2021 01:45
50.7
53.8
Friday 8 October 2021 01:45
50.7
53.4
Friday 3 September 2021 01:45
52.6
46.7
Wednesday 4 August 2021 01:45
-
54.9
Monday 5 July 2021 01:45
55.7
50.3
Thursday 3 June 2021 01:45
-
55.1
Friday 7 May 2021 01:45
-
56.3

Economic context

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:

PreviousLatest
Gross Domestic Product (QoQ)Bullish change1.2%1.6%
Gross Domestic Product (YoY)Bullish change5.2%5.3%
Industrial Production (YoY)Bearish change7%4.5%
Retail Sales (YoY)Bearish change5.5%3.1%
Exports (YoY)Bearish change7.1%-7.5%
Exports (YoY) CNYBearish change10.6%-3.8%
Imports (YoY)Bearish change3.5%-1.9%
Imports (YoY) CNYBearish change6.7%2%
Trade Balance CNYBullish change281.97B415.86B
Trade Balance USDBearish change$125.16B$58.55B
Consumer Price Index (MoM)Bearish change1%-1%
Consumer Price Index (YoY)Bearish change0.7%0.1%
Producer Price Index (YoY)Bearish change-2.7%-2.8%

About Caixin Services PMI

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

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