NBS Manufacturing PMI

The monthly manufacturing PMI is released by China Federation of Logistics and Purchasing (CFLP) on the last day of every month. The official PMI is released before the Caixin Manufacturing PMI, which makes it even more of a leading indicator, highlighting the health of the manufacturing sector, considered as the backbone of the Chinese economy. The data is of high relevance for the financial markets throughout several asset classes, given China’s influence on the global economy.

Most recent - Thursday 31 October 2024 01:30

Previous
49.8
Forecast
50
Actual
50.1

Higher numbers than forecast tend to be bullish for CNY/xxx pairs and bearish for xxx/CNY pairs.

Next event - Saturday 30 November 2024 01:30

Previous
50.1
Forecast
50.3
Actual
-

The typical/expected impact on CNY pairs is high.

The consensus forecast for NBS Manufacturing PMI is 50.3. A higher value than forecast tends to be bullish for CNY/xxx pairs and bearish for xxx/CNY pairs.

Trading range

Forecast history

The most recent announced value for NBS Manufacturing PMI was 50.1 against a forecast of 50.

Past events

Date
Forecast
Actual
Thursday 31 October 2024 01:30
50
50.1
Monday 30 September 2024 01:30
49.5
49.8
Saturday 31 August 2024 01:30
49.5
49.1
Wednesday 31 July 2024 01:30
49.3
49.4
Sunday 30 June 2024 01:30
49.5
49.5
Friday 31 May 2024 01:30
50.5
49.5
Tuesday 30 April 2024 01:30
50.3
50.4
Sunday 31 March 2024 01:30
49.9
50.8
Friday 1 March 2024 01:30
49.1
49.1
Wednesday 31 January 2024 01:30
49.2
49.2
Sunday 31 December 2023 01:00
49.5
49
Thursday 30 November 2023 01:30
49.7
49.4
Tuesday 31 October 2023 01:30
50.2
49.5
Saturday 30 September 2023 01:30
50
50.2
Thursday 31 August 2023 01:30
49.4
49.7
Monday 31 July 2023 01:30
49.2
49.3
Friday 30 June 2023 01:30
49
49
Wednesday 31 May 2023 01:30
49.4
48.8
Sunday 30 April 2023 01:30
51.4
49.2
Friday 31 March 2023 01:30
51.5
51.9
Wednesday 1 March 2023 01:00
50.5
52.6
Tuesday 31 January 2023 01:30
49.7
50.1
Saturday 31 December 2022 01:00
49.2
47
Wednesday 30 November 2022 01:30
49
48
Monday 31 October 2022 01:30
50
49.2
Friday 30 September 2022 01:30
49.6
50.1
Wednesday 31 August 2022 01:30
49.2
49.4
Sunday 31 July 2022 01:00
50.4
49
Thursday 30 June 2022 01:30
50.5
50.2
Tuesday 31 May 2022 01:30
49.6
49.6
Saturday 30 April 2022 01:30
48
47.4
Thursday 31 March 2022 01:30
49.9
49.5
Tuesday 1 March 2022 01:30
49.9
50.2
Sunday 30 January 2022 01:00
50
50.1
Friday 31 December 2021 01:00
50.1
50.3
Tuesday 30 November 2021 01:00
49.6
50.1

Economic context

Other recent announcements which may affect the market's interpretation of the next NBS Manufacturing PMI result:

PreviousLatest
Industrial Production (YoY)Bearish change5.4%5.3%
Retail Sales (YoY)Bullish change3.2%4.8%

About NBS Manufacturing PMI

Country:China
Currency:CNY
Source:China Federation of Logistics and Purchasing
Category:Economic Activity
Frequency:Monthly

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