China Services PMI  2012-2017 | Data | Chart | Calendar | Forecast | News

The Caixin China Services PMI rose to 53.4 in December of 2016 from 53.1 in November while market expected 53.3. It was the fastest growth since July 2015, as new orders rose the most in 17 months and business expectations went up to a four-month high while employment growth eased modestly. At the same time, backlogged work was broadly unchanged while input costs rose at the fastest rate in nearly two years. Services companies raised slightly their prices charged amid reports that competitive market pressures had restricted their ability to fully pass on higher input costs. Services PMI in China averaged 52.32 Index Points from 2012 until 2016, reaching an all time high of 54.70 Index Points in May of 2012 and a record low of 50 Index Points in July of 2014. Services PMI in China is reported by Markit Economics.

China Services PMI
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China Business Last Previous Highest Lowest Unit
Business Confidence 51.40 51.70 59.20 38.80 [+]
Manufacturing PMI 51.90 50.90 52.30 47.20 [+]
Non Manufacturing PMI 54.50 54.70 62.20 50.80 percent [+]
Services PMI 53.40 53.10 54.70 50.00 Index Points [+]
Industrial Production 6.20 6.10 29.40 -21.10 percent [+]
Industrial Production Mom 0.51 0.50 1.32 0.19 percent [+]
Manufacturing Production 6.70 6.70 11.40 6.50 percent [+]
New Orders 53.20 53.20 65.10 32.30 Index Points [+]
Changes in Inventories 11109.60 12004.70 12662.30 3.00 CNY HML [+]
Total Vehicle Sales 3057300.00 2938653.00 3057300.00 88416.00 [+]
Car Production 2644000.00 2638000.00 2644000.00 215533.00 Units [+]
Car Registrations 2672300.00 2590157.00 2672300.00 213534.00 [+]
Leading Economic Index 0.10 0.50 3.00 -3.80 percent [+]
Mni Business Sentiment 55.90 53.10 77.20 38.70 [+]
Steel Production 66290.00 68510.00 70650.00 4918.00 Thousand Tonnes [+]
Competitiveness Index 4.95 4.89 4.95 4.55 Points [+]
Competitiveness Rank 28.00 28.00 34.00 26.00 [+]
Composite Pmi 53.50 52.90 53.50 48.00 [+]
Cement Production 21350.80 22783.30 23427.00 781.50 Ten Thousands of Tonnes [+]
Ease of Doing Business 78.00 80.00 99.00 78.00 [+]
Electricity Production 503410.00 487600.00 561700.00 41760.00 Gigawatt-hour [+]
Corruption Index 37.00 36.00 40.00 21.60 Points [+]
Corruption Rank 83.00 100.00 100.00 40.00 [+]
Corporate Profits 6034410.00 5256770.00 6471530.00 1617.00 CNY Million [+]



China Services PMI Notes

The Caixin China General Services PMI (Purchasing Managers' Index) is based on data compiled from monthly replies to questionnaires sent to purchasing executives in over 400 private service sector companies. The index tracks variables such as sales, employment, inventories and prices. A reading above 50 indicates that the services sector is generally expanding; below 50 indicates that it is generally declining. This page provides the latest reported value for - China Services PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. China Services PMI - actual data, historical chart and calendar of releases - was last updated on January of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
53.40 53.10 54.70 50.00 2012 - 2016 Index Points Monthly



Last
Australia 57.70 Dec/16
Brazil 45.10 Dec/16
China 53.40 Dec/16
Euro Area 53.70 Dec/16
France 52.90 Dec/16
Germany 54.30 Dec/16
India 46.80 Dec/16
Ireland 59.10 Dec/16
Italy 52.30 Dec/16
Japan 52.30 Dec/16
New Zealand 57.90 Nov/16
Nigeria 47.10 Dec/16
Russia 56.50 Dec/16
Spain 55.00 Dec/16
Sri Lanka 59.70 Nov/16
Sweden 59.90 Dec/16
United Kingdom 56.20 Dec/16
United States 53.90 Dec/16
World 52.80 Jan/16