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

The Caixin China Services PMI fell to 52.6 in February of 2017 from 53.1 in January and missing market consensus of 53.3. It was the lowest reading since October 2016, as growth in new business was unchanged from the prior month while the rate of payroll expansion weakened slightly from the 20-month record seen in January. Meanwhile, backlogs of work increased the most since the start of 2010 and the rise in cost burdens was the lowest since last November last year. Optimism towards future activity growth fell slightly from January's 11-month high. Services PMI in China averaged 52.34 Index Points from 2012 until 2017, 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 51.60 51.30 59.20 38.80 [+]
Non Manufacturing PMI 54.20 54.60 62.20 50.80 percent [+]
Manufacturing PMI 51.70 51.00 52.30 47.20 [+]
Services PMI 52.60 53.10 54.70 50.00 Index Points [+]
Industrial Production 6.30 6.30 29.40 -21.10 percent [+]
Industrial Production Mom 0.60 0.56 1.32 0.19 percent [+]
Manufacturing Production 6.90 6.90 11.40 6.30 percent [+]
New Orders 53.00 52.80 65.10 32.30 Index Points [+]
Changes in Inventories 11109.60 12004.70 12662.30 3.00 CNY HML [+]
Total Vehicle Sales 1939200.00 2519528.00 3057340.00 88416.00 [+]
Car Production 1847500.00 2071500.00 2644000.00 215533.00 Units [+]
Car Registrations 1632700.00 2218200.00 2672300.00 213534.00 [+]
Leading Economic Index 0.10 0.40 3.00 -3.80 percent [+]
Mining Production -3.60 -3.60 7.90 -3.60 percent [+]
Mni Business Sentiment 55.90 53.10 77.20 38.70 [+]
Steel Production 67200.00 67220.00 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 52.60 52.20 53.50 48.00 [+]
Cement Production 19979.00 21350.80 23427.00 781.50 Ten Thousands of Tonnes [+]
Corporate Profits 6880320.00 6034410.00 6880320.00 1617.00 CNY Million [+]
Ease of Doing Business 78.00 80.00 99.00 78.00 [+]
Electricity Production 532900.00 503410.00 561700.00 41760.00 Gigawatt-hour [+]
Corruption Index 40.00 37.00 40.00 21.60 Points [+]
Corruption Rank 79.00 83.00 100.00 40.00 [+]



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 March of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
52.60 53.10 54.70 50.00 2012 - 2017 Index Points Monthly



Last
Australia 49.00 Feb/17
Brazil 46.40 Feb/17
China 52.60 Feb/17
Euro Area 55.50 Feb/17
France 56.40 Feb/17
Germany 54.40 Feb/17
India 50.30 Feb/17
Ireland 60.60 Feb/17
Italy 54.10 Feb/17
Japan 51.30 Feb/17
New Zealand 58.80 Feb/17
Nigeria 44.50 Feb/17
Russia 55.50 Feb/17
Spain 57.00 Feb/17
Sri Lanka 57.30 Feb/17
Sweden 59.80 Feb/17
United Kingdom 53.30 Feb/17
United States 53.80 Feb/17
World 52.80 Jan/16