Purchasing managers' index (PMI) · China
China NBS General PMI
The China NBS General PMI is a monthly survey of purchasing managers in China that measures whether business activity, new orders, employment and prices are rising or falling.
- Wichtigkeit
- Medium
- Veröffentlicht
- Monthly
- Nächste Veröffentlichung
- Währung
- CNH · Chinese yuan (renminbi)
- Zentralbank
- The People's Bank of China
Neueste Zahlen
Die letzte Veröffentlichung, für OCT, erschien am 2026-10-31 und lag bei 49.7. Das ist weniger als 50.7 beim letzten Mal.
In den letzten 12 Veröffentlichungen lag der Wert zwischen 49.3 und 50.7, im Schnitt 50.1.
| Veröffentlicht | Für | Ist | Konsens | Vorher |
|---|---|---|---|---|
| 31 Oct 2026 | OCT | 49.7 | – | 50.7 |
| 30 Sep 2026 | SEP | 50.7 | – | 49.5 |
| 31 Aug 2026 | AUG | 49.5 | – | 49.3 |
| 31 Jul 2026 | JUL | 49.3 | – | 50.6 |
| 30 Jun 2026 | JUN | 50.6 | – | 50.5 |
| 31 May 2026 | MAY | 50.5 | – | 50.1 |
| 30 Apr 2026 | APR | 50.1 | – | 50.5 |
| 31 Mar 2026 | MAR | 50.5 | – | 49.5 |
| 4 Mar 2026 | FEB | 49.5 | – | 49.8 |
| 31 Jan 2026 | JAN | 49.8 | – | 50.7 |
| 31 Dec 2025 | DEC | 50.7 | – | 49.7 |
| 30 Nov 2025 | NOV | 49.7 | – | 50.0 |
Warum es wichtig ist
PMIs are among the first data published for each month, weeks before official output figures, and they have a good record of tracking GDP. A reading above 50 means growth, below 50 contraction. Flash (preliminary) PMIs for the major economies can move currencies and stock indices strongly.
So wird gerechnet
Companies answer whether each item (output, new orders, employment, delivery times, stocks of purchases) is higher, the same or lower than a month earlier. Each answer set becomes a diffusion index; the manufacturing headline is a weighted average of five of them, the services headline is the activity question.
Diffusion index = % higher + ½ × % same
Manufacturing PMI = 0.30 new orders + 0.25 output + 0.20 employment + 0.15 delivery times (inverted) + 0.10 stocksWas Veränderungen bedeuten
- Above 50 and rising: an accelerating economy, supportive for the Chinese yuan (renminbi) and local stocks.
- The composite PMI combines manufacturing and services and is the best single guide to GDP.
- Look at new orders (future activity) and prices charged (inflation pressure).
Höher als erwartet: A stronger figure than expected points to a healthier economy: it usually supports the Chinese yuan (renminbi) and local stocks, and can push bond yields up.
Niedriger als erwartet: A weaker figure than expected points to slowing activity: the Chinese yuan (renminbi) tends to soften and markets price in lower rates.
Eine kurze Geschichte
The PMI method comes from the US purchasing managers' survey of the 1940s; the PMIs now produced for more than 40 countries started in the UK in 1992 and spread across Europe and Asia in the following decades.
Fragen
What is the China NBS General PMI?
The China NBS General PMI is a monthly survey of purchasing managers in China that measures whether business activity, new orders, employment and prices are rising or falling.
What was the latest China NBS General PMI?
49.7 for OCT, published on 31 October 2026.
When is the next China NBS General PMI?
On Monday 30 November 2026 at 01:30 UTC.
Why is 50 the key level of a PMI?
It is the point where as many companies report improvement as report deterioration: above it, activity is growing.
Nur Bildungsinhalte, keine Anlageberatung. Die Zahlen sind die veröffentlichten Ergebnisse, wie sie unser Kalender erfasst hat; die beschriebenen Marktreaktionen sind typisch, nicht garantiert.