Non-Manufacturing PMI
Most recent - Saturday 31 May 2025 01:30
Lower numbers than forecast tend to be bullish for xxx/CNY pairs and bearish for CNY/xxx pairs.
Next event - Monday 30 June 2025 01:30
The typical/expected impact on CNY pairs is high.
There is no forecast value for Non-Manufacturing PMI yet - check back for updates.
Trading range
Forecast history
The most recent announced value for Non-Manufacturing PMI was 50.3 against a forecast of 50.6.
Past events
Economic context
Recent economic data has been moderately bearish for CNY. Other recent announcements which may affect the market's interpretation of the next Non-Manufacturing PMI result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Exports (YoY) | Bearish change | 8.1% | 4.8% | ||
| Exports (YoY) CNY | Bearish change | 9.3% | 6.3% | ||
| Imports (YoY) | Bearish change | -0.2% | -3.4% | ||
| Imports (YoY) CNY | Bearish change | 0.8% | -2.1% | ||
| Trade Balance CNY | Bullish change | 689.99B | 743.56B | ||
| Trade Balance USD | Bullish change | $96.18B | $103.22B | ||
| Consumer Price Index (MoM) | Bearish change | 0.1% | -0.2% | ||
| Consumer Price Index (YoY) | (no change) | -0.1% | -0.1% | ||
| Producer Price Index (YoY) | Bearish change | -2.7% | -3.3% | ||
| Caixin Services PMI | Bullish change | 50.7 | 51.1 | ||
| Caixin Manufacturing PMI | Bearish change | 50.4 | 48.3 | ||
| NBS Manufacturing PMI | Bullish change | 49 | 49.5 |
About Non-Manufacturing PMI
| Country: | China |
|---|---|
| Currency: | CNY |
| Source: | China Federation of Logistics and Purchasing |
| Category: | Economic Activity |
| Frequency: | Monthly |
Related events
