Higher numbers than forecast tend to be bullish for CNY/xxx pairs and bearish for xxx/CNY pairs.
The most recent announced value for Non-Manufacturing PMI was 50.1 against a forecast of 49.9.
Recent economic data has been broadly neutral for CNY. Other recent announcements which may affect the market's interpretation of the next Non-Manufacturing PMI result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Consumer Price Index (MoM) | Bearish change | 1% | -0.7% | ||
| Consumer Price Index (YoY) | Bearish change | 1.3% | 1% | ||
| Producer Price Index (YoY) | Bullish change | -0.9% | 0.5% | ||
| RatingDog Services PMI | Bearish change | 56.7 | 52.1 | ||
| RatingDog Manufacturing PMI | Bearish change | 52.1 | 50.8 | ||
| NBS Manufacturing PMI | Bullish change | 49 | 50.4 |
| Country: | China |
|---|---|
| Currency: | CNY |
| Source: | China Federation of Logistics and Purchasing |
| Category: | Economic Activity |
| Frequency: | Monthly |