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China Caixin Services Purchasing Managers Index (PMI)

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China Caixin Services Purchasing Managers Index (PMI)

Frequency

Delivery Method

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Status

 
Latest Release
Sep 05, 2023
Actual
51.8
Forecast
53.6
Previous
54.1
The Chinese HSBC Services PMI is compiled by questionnaires sent to purchasing executives in over 400 private service sector companies. The panel has been carefully selected to accurately replicate the true structure of the services economy. The HSBC Services PMI Index is developed for providing the most up-to-date possible indication of what is really happening in the private sector economy by tracking variables such as sales, employment, inventories and prices.
A higher than expected reading should be taken as positive/bullish for the CNY , while a lower than expected reading should be taken as negative/bearish for the CNY.
Importance:
Country:
Currency: CNY
Source: Markit
China Caixin Services Purchasing Managers Index (PMI)
 
Release Date Time Actual Forecast Previous
Oct 01, 2023 (Sep) 11:45     51.8
Sep 05, 2023 (Aug) 11:45 51.8 53.6 54.1
Aug 03, 2023 (Jul) 11:45 54.1 52.5 53.9
Jul 05, 2023 (Jun) 11:45 53.9 56.2 57.1
Jun 05, 2023 (May) 11:45 57.1 55.2 56.4
May 05, 2023 (Apr) 11:45 56.4 57.3 57.8

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Analysis

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Caixin Services PMI Discussion

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