China Services PMI  2012-2016 | Data | Chart | Calendar | Forecast | News

The Caixin China Services PMI unexpectedly fell to 51.7 in July of 2016 from an 11-month high of 52.7 in June and missing market consensus of 52.9. Activity and new order slowed while employment fell for first time in 4 months. The amount of unfinished work declined for the 2nd straight month while efforts to clear backlogs increased. Services companies maintained a positive stance towards future business activity in July, with the degree of optimism edging up to a 3-month high. Services PMI in China averaged 52.30 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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Actual Previous Highest Lowest Dates Unit Frequency
51.70 52.70 54.70 50.00 2012 - 2016 Index Points Monthly
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 August of 2016.


China Business Last Previous Highest Lowest Unit
Business Confidence 49.90 50.00 59.20 38.80 [+]
Manufacturing PMI 50.60 48.60 52.30 47.20 [+]
Non Manufacturing PMI 53.90 53.70 62.20 50.80 percent [+]
Services PMI 51.70 52.70 54.70 50.00 Index Points [+]
Industrial Production 6.00 6.20 29.40 -21.10 percent [+]
Industrial Production Mom 0.52 0.47 1.32 0.19 percent [+]
Manufacturing Production 7.00 7.20 11.40 6.50 percent [+]
New Orders 50.40 50.50 65.10 32.30 Index Points [+]
Changes in Inventories 11109.60 12004.70 12662.30 3.00 CNY HML [+]
Total Vehicle Sales 1851900.00 2070667.00 2785513.00 88416.00 [+]
Car Production 1718500.00 1772200.00 2321023.00 215533.00 Units [+]
Car Registrations 1604500.00 1784100.00 2442100.00 213534.00 [+]
Leading Economic Index -0.30 -0.30 3.00 -3.80 percent [+]
Mni Business Sentiment 54.30 55.50 77.20 38.70 [+]
Steel Production 66807.00 69470.00 70650.00 4918.00 Thousand Tonnes [+]
Competitiveness Index 4.89 4.89 4.89 4.55 Points [+]
Competitiveness Rank 28.00 28.00 34.00 26.00 [+]
Cement Production 21410.00 22278.00 23427.00 781.50 Ten Thousands of Tonnes [+]
Ease of Doing Business 84.00 83.00 99.00 83.00 [+]
Electricity Production 490800.00 463590.00 515531.00 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 3523590.00 2999820.00 6471530.00 1617.00 CNY Million [+]




Last
Australia 53.90 Jul/16
Brazil 45.60 Jul/16
China 51.70 Jul/16
Euro Area 53.10 Aug/16
France 52.00 Aug/16
Germany 53.30 Aug/16
India 51.90 Jul/16
Ireland 59.50 Jul/16
Italy 52.00 Jul/16
Japan 50.40 Jul/16
Nigeria 43.20 Jul/16
Russia 55.00 Jul/16
Spain 54.10 Jul/16
Sri Lanka 57.80 Jul/16
Sweden 57.80 Jul/16
United Kingdom 47.40 Jul/16
United States 50.90 Aug/16
World 52.80 Jan/16