Purchasing managers' index (PMI) · China

China RatingDog Services PMI

The China RatingDog Services PMI is a monthly survey of purchasing managers in China that measures whether business activity, new orders, employment and prices are rising or falling.

महत्व
High
अगली रिलीज़
मुद्रा
CNH · Chinese yuan (renminbi)
केंद्रीय बैंक
The People's Bank of China
प्रभावित करता है
GAUCNH · USDCNH · XAUCNH

नवीनतम आँकड़े

नवीनतम रिलीज़, OCT के लिए, 2026-11-04 को प्रकाशित हुई और 50.8 रही। यह 51.5 की आम सहमति से नीचे है। यह पिछली बार के 51.6 से कम है।

A weaker figure than expected points to slowing activity: the Chinese yuan (renminbi) tends to soften and markets price in lower rates.

जारीअवधिवास्तविकअनुमानपिछला
4 Nov 2026OCT50.851.551.6
30 Sep 2026SEP51.651.151.4

आर्थिक कैलेंडर में देखें →

यह क्यों मायने रखता है

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.

गणना कैसे होती है

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 stocks

बदलावों का अर्थ

  • 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).

उम्मीद से ज़्यादा: 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.

उम्मीद से कम: A weaker figure than expected points to slowing activity: the Chinese yuan (renminbi) tends to soften and markets price in lower rates.

संक्षिप्त इतिहास

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.

प्रश्न

What is the China RatingDog Services PMI?

The China RatingDog Services 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 RatingDog Services PMI?

50.8 for OCT, published on 4 November 2026 (consensus 51.5, previous 51.6).

When is the next China RatingDog Services PMI?

On Thursday 3 December 2026 at 01:45 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.

केवल शैक्षिक सामग्री, निवेश सलाह नहीं। आँकड़े हमारे कैलेंडर में दर्ज प्रकाशित नतीजे हैं; बताई गई बाज़ार प्रतिक्रियाएँ सामान्य हैं, गारंटीशुदा नहीं।