Business confidence · China
China NBS Manufacturing PMI
The China NBS Manufacturing PMI asks companies in China how they judge current business conditions and what they expect for the coming months.
- Wichtigkeit
- High
- 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 49.3. Das liegt unter dem Konsens von 50. Das ist weniger als 50.1 beim letzten Mal.
A weaker figure than expected points to slowing activity: the Chinese yuan (renminbi) tends to soften and markets price in lower rates.
In den letzten 12 Veröffentlichungen lag der Wert zwischen 49.0 und 50.4, im Schnitt 49.8.
| Veröffentlicht | Für | Ist | Konsens | Vorher |
|---|---|---|---|---|
| 31 Oct 2026 | OCT | 49.3 | 50 | 50.1 |
| 30 Sep 2026 | SEP | 50.1 | 50.1 | 49.8 |
| 31 Aug 2026 | AUG | 49.8 | 49.7 | 49.2 |
| 31 Jul 2026 | JUL | 49.2 | 50.0 | 50.3 |
| 30 Jun 2026 | JUN | 50.3 | 50.1 | 50.0 |
| 31 May 2026 | MAY | 50 | 50 | 50.3 |
| 30 Apr 2026 | APR | 50.3 | 50.1 | 50.4 |
| 31 Mar 2026 | MAR | 50.4 | 50.1 | 49.0 |
| 4 Mar 2026 | FEB | 49.0 | 49.1 | 49.3 |
| 31 Jan 2026 | JAN | 49.3 | 50 | 50.1 |
| 31 Dec 2025 | DEC | 50.1 | 49.2 | 49.2 |
| 30 Nov 2025 | NOV | 49.2 | 49.2 | 49.0 |
Warum es wichtig ist
Confidence leads hiring and investment decisions, so these surveys often turn before the hard data. Germany's Ifo and ZEW, and Japan's Tankan, are among the most market-moving releases for the euro and the yen.
So wird gerechnet
Survey answers (better/same/worse) are turned into a balance (positive minus negative answers) or an index around a long-run average of 100; the release separates current conditions from expectations.
Was Veränderungen bedeuten
- The expectations component turns first; watch its direction over several months.
- A gap between strong current conditions and weak expectations often marks a peak.
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
Business tendency surveys began in Germany (Ifo) and other European countries after the Second World War; the Bank of Japan's Tankan has been run for decades, and the ZEW financial-expert survey since 1991.
Fragen
What is the China NBS Manufacturing PMI?
The China NBS Manufacturing PMI asks companies in China how they judge current business conditions and what they expect for the coming months.
What was the latest China NBS Manufacturing PMI?
49.3 for OCT, published on 31 October 2026 (consensus 50, previous 50.1).
When is the next China NBS Manufacturing PMI?
On Monday 30 November 2026 at 01:30 UTC.
Nur Bildungsinhalte, keine Anlageberatung. Die Zahlen sind die veröffentlichten Ergebnisse, wie sie unser Kalender erfasst hat; die beschriebenen Marktreaktionen sind typisch, nicht garantiert.