Lower numbers than forecast tend to be bullish for xxx/CNY pairs and bearish for CNY/xxx pairs.
The typical/expected impact on CNY pairs is high.
There is no forecast value for Non-Manufacturing PMI yet - check back for updates.
The most recent announced value for Non-Manufacturing PMI was 50.3 against a forecast of 50.6.
Other recent announcements which may affect the market's interpretation of the next Non-Manufacturing PMI result:
Previous | Latest | ||||
---|---|---|---|---|---|
Caixin Services PMI | Bullish change | 50.7 | 51.1 | ||
Caixin Manufacturing PMI | Bearish change | 50.4 | 48.3 | ||
NBS Manufacturing PMI | Bullish change | 49 | 49.5 |
Country: | China |
---|---|
Currency: | CNY |
Source: | China Federation of Logistics and Purchasing |
Category: | Economic Activity |
Frequency: | Monthly |