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

The Caixin China Services PMI stood at 51.2 in May of 2016, down from 51.8 in April and missing market consensus. It was the weakest reading since March as new orders rose at a slower pace and less than the historical average while job creation eased to marginal rate. Meanwhile, business expectations dropped to the lowest in five months but most respondents remained optimistic. "The government needs to continue to push forward stabilising measures to help the economy recover. It should also relax the control and regulation of the services sector to enable it to realize its growth potential and to facilitate the transformation and healthy development of the economy, " Director of Macroeconomic Analyst at CEBM Group, Zhengseng Zhong, said. 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
51.20 51.80 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 June of 2016.


China Business Last Previous Highest Lowest Unit
Business Confidence 50.10 50.10 59.20 38.80 [+]
Manufacturing PMI 49.20 49.40 52.30 47.20 [+]
Non Manufacturing PMI 53.10 53.50 62.20 50.80 percent [+]
Services PMI 51.20 51.80 54.70 50.00 Index Points [+]
Industrial Production 6.00 6.00 29.40 -21.10 percent [+]
Industrial Production Mom 0.45 0.47 1.32 0.19 percent [+]
Manufacturing Production 7.20 6.90 11.40 6.50 percent [+]
New Orders 50.70 51.00 65.10 32.30 Index Points [+]
Changes in Inventories 11109.60 12004.70 12662.30 3.00 CNY HML [+]
Total Vehicle Sales 2091672.00 2122400.00 2785500.00 88416.00 [+]
Car Production 1772083.00 1834400.00 2321023.00 215533.00 Units [+]
Car Registrations 1793035.00 1779100.00 2442100.00 213534.00 [+]
Leading Economic Index 0.00 0.30 2.90 -3.70 percent [+]
Mni Business Sentiment 54.50 50.00 77.20 38.70 [+]
Steel Production 70504.00 69420.00 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 22661.00 21626.00 23427.00 781.50 Ten Thousands of Tonnes [+]
Ease of Doing Business 84.00 83.00 99.00 83.00 [+]
Electricity Production 444400.00 477884.00 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 502010.00 561240.00 6471530.00 1617.00 CNY Million [+]




Last
Australia 51.50 May/16
Brazil 37.30 May/16
China 51.20 May/16
Euro Area 52.40 Jun/16
France 49.90 Jun/16
Germany 53.20 Jun/16
India 51.00 May/16
Ireland 61.70 May/16
Italy 49.80 May/16
Japan 50.40 May/16
Nigeria 44.30 May/16
Russia 51.80 May/16
Spain 55.40 May/16
Sri Lanka 58.10 May/16
Sweden 54.40 May/16
United Kingdom 53.50 May/16
United States 51.30 May/16
World 52.80 Jan/16