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China Non Manufacturing Purchasing Managers' Index (PMI)

Price

51.1 %

Change +/-

-0.1 %

Percentage Change

-0.20 %

The current value of the Non Manufacturing Purchasing Managers' Index (PMI) in China is 51.1 %. The Non Manufacturing Purchasing Managers' Index (PMI) in China decreased to 51.1 % on 5/1/2024, after it was 51.2 % on 4/1/2024. From 1/1/2007 to 6/1/2024, the average GDP in China was 54.68 %. The all-time high was reached on 5/1/2007 with 62.2 %, while the lowest value was recorded on 2/1/2020 with 29.6 %.

Source: National Bureau of Statistics of China

Non Manufacturing Purchasing Managers' Index (PMI) ·

3 years
5 years
10 years
25 Years
Max

PMI Non-Manufacturing Sector

	PMI Non-Manufacturing Sector
1/1/2007	60.4 %
2/1/2007	60.6 %
3/1/2007	58.2 %
4/1/2007	60.4 %
5/1/2007	62.2 %
6/1/2007	60 %
7/1/2007	59.4 %
8/1/2007	61.7 %
9/1/2007	61.9 %
10/1/2007	61.4 %
11/1/2007	60.6 %
12/1/2007	60.2 %
1/1/2008	60.2 %
2/1/2008	59.3 %
3/1/2008	58.9 %
4/1/2008	58.4 %
5/1/2008	57.4 %
6/1/2008	57.4 %
7/1/2008	55.7 %
8/1/2008	52.9 %
9/1/2008	55 %
10/1/2008	53.1 %
11/1/2008	51.2 %
12/1/2008	50.8 %
1/1/2009	53.7 %
2/1/2009	55.1 %
3/1/2009	54.4 %
4/1/2009	53.5 %
5/1/2009	54.9 %
6/1/2009	55.4 %
7/1/2009	57.3 %
8/1/2009	57.3 %
9/1/2009	57.9 %
10/1/2009	59.5 %
11/1/2009	58.4 %
12/1/2009	58.8 %
1/1/2010	58.1 %
2/1/2010	57 %
3/1/2010	57.3 %
4/1/2010	57.8 %
5/1/2010	58.1 %
6/1/2010	58.8 %
7/1/2010	57.1 %
8/1/2010	58 %
9/1/2010	57.9 %
10/1/2010	57.4 %
11/1/2010	58.9 %
12/1/2010	58.8 %
1/1/2011	57.2 %
2/1/2011	57 %
3/1/2011	59.2 %
4/1/2011	58.2 %
5/1/2011	58.7 %
6/1/2011	56.6 %
7/1/2011	57.3 %
8/1/2011	57.1 %
9/1/2011	55.8 %
10/1/2011	55.5 %
11/1/2011	55.9 %
12/1/2011	56.3 %
1/1/2012	55.7 %
2/1/2012	57.3 %
3/1/2012	58 %
4/1/2012	56.1 %
5/1/2012	55.2 %
6/1/2012	56.7 %
7/1/2012	55.6 %
8/1/2012	56.3 %
9/1/2012	53.7 %
10/1/2012	55.5 %
11/1/2012	55.6 %
12/1/2012	56.1 %
1/1/2013	56.2 %
2/1/2013	54.5 %
3/1/2013	55.6 %
4/1/2013	54.5 %
5/1/2013	54.3 %
6/1/2013	53.9 %
7/1/2013	54.1 %
8/1/2013	53.9 %
9/1/2013	55.4 %
10/1/2013	56.3 %
11/1/2013	56 %
12/1/2013	54.6 %
1/1/2014	53.4 %
2/1/2014	55 %
3/1/2014	54.5 %
4/1/2014	54.8 %
5/1/2014	55.5 %
6/1/2014	55 %
7/1/2014	54.2 %
8/1/2014	54.4 %
9/1/2014	54 %
10/1/2014	53.8 %
11/1/2014	53.9 %
12/1/2014	54.1 %
1/1/2015	53.7 %
2/1/2015	53.9 %
3/1/2015	53.7 %
4/1/2015	53.4 %
5/1/2015	53.2 %
6/1/2015	53.8 %
7/1/2015	53.9 %
8/1/2015	53.4 %
9/1/2015	53.4 %
10/1/2015	53.1 %
11/1/2015	53.6 %
12/1/2015	54.4 %
1/1/2016	53.5 %
2/1/2016	52.7 %
3/1/2016	53.8 %
4/1/2016	53.5 %
5/1/2016	53.1 %
6/1/2016	53.7 %
7/1/2016	53.9 %
8/1/2016	53.5 %
9/1/2016	53.7 %
10/1/2016	54 %
11/1/2016	54.7 %
12/1/2016	54.5 %
1/1/2017	54.6 %
2/1/2017	54.2 %
3/1/2017	55.1 %
4/1/2017	54 %
5/1/2017	54.5 %
6/1/2017	54.9 %
7/1/2017	54.5 %
8/1/2017	53.4 %
9/1/2017	55.4 %
10/1/2017	54.3 %
11/1/2017	54.8 %
12/1/2017	55 %
1/1/2018	55.3 %
2/1/2018	54.4 %
3/1/2018	54.6 %
4/1/2018	54.8 %
5/1/2018	54.9 %
6/1/2018	55 %
7/1/2018	54 %
8/1/2018	54.2 %
9/1/2018	54.9 %
10/1/2018	53.9 %
11/1/2018	53.4 %
12/1/2018	53.8 %
1/1/2019	54.7 %
2/1/2019	54.3 %
3/1/2019	54.8 %
4/1/2019	54.3 %
5/1/2019	54.3 %
6/1/2019	54.2 %
7/1/2019	53.7 %
8/1/2019	53.8 %
9/1/2019	53.7 %
10/1/2019	52.8 %
11/1/2019	54.4 %
12/1/2019	53.5 %
1/1/2020	54.1 %
2/1/2020	29.6 %
3/1/2020	52.3 %
4/1/2020	53.2 %
5/1/2020	53.6 %
6/1/2020	54.4 %
7/1/2020	54.2 %
8/1/2020	55.2 %
9/1/2020	55.9 %
10/1/2020	56.2 %
11/1/2020	56.4 %
12/1/2020	55.7 %
1/1/2021	52.4 %
2/1/2021	51.4 %
3/1/2021	56.3 %
4/1/2021	54.9 %
5/1/2021	55.2 %
6/1/2021	53.5 %
7/1/2021	53.3 %
8/1/2021	47.5 %
9/1/2021	53.2 %
10/1/2021	52.4 %
11/1/2021	52.3 %
12/1/2021	52.7 %
1/1/2022	51.1 %
2/1/2022	51.6 %
3/1/2022	48.4 %
4/1/2022	41.9 %
5/1/2022	47.8 %
6/1/2022	54.7 %
7/1/2022	53.8 %
8/1/2022	52.6 %
9/1/2022	50.6 %
10/1/2022	48.7 %
11/1/2022	46.7 %
12/1/2022	41.6 %
1/1/2023	54.4 %
2/1/2023	56.3 %
3/1/2023	58.2 %
4/1/2023	56.4 %
5/1/2023	54.5 %
6/1/2023	53.2 %
7/1/2023	51.5 %
8/1/2023	51 %
9/1/2023	51.7 %
10/1/2023	50.6 %
11/1/2023	50.2 %
12/1/2023	50.4 %
1/1/2024	50.7 %
2/1/2024	51.4 %
3/1/2024	53 %
4/1/2024	51.2 %
5/1/2024	51.1 %

Non Manufacturing Purchasing Managers' Index (PMI) History

Date	Value
5/1/2024	51.1 %
4/1/2024	51.2 %
3/1/2024	53 %
2/1/2024	51.4 %
1/1/2024	50.7 %
12/1/2023	50.4 %
11/1/2023	50.2 %
10/1/2023	50.6 %
9/1/2023	51.7 %
8/1/2023	51 %
7/1/2023	51.5 %
6/1/2023	53.2 %
5/1/2023	54.5 %
4/1/2023	56.4 %
3/1/2023	58.2 %
2/1/2023	56.3 %
1/1/2023	54.4 %
12/1/2022	41.6 %
11/1/2022	46.7 %
10/1/2022	48.7 %
9/1/2022	50.6 %
8/1/2022	52.6 %
7/1/2022	53.8 %
6/1/2022	54.7 %
5/1/2022	47.8 %
4/1/2022	41.9 %
3/1/2022	48.4 %
2/1/2022	51.6 %
1/1/2022	51.1 %
12/1/2021	52.7 %
11/1/2021	52.3 %
10/1/2021	52.4 %
9/1/2021	53.2 %
8/1/2021	47.5 %
7/1/2021	53.3 %
6/1/2021	53.5 %
5/1/2021	55.2 %
4/1/2021	54.9 %
3/1/2021	56.3 %
2/1/2021	51.4 %
1/1/2021	52.4 %
12/1/2020	55.7 %
11/1/2020	56.4 %
10/1/2020	56.2 %
9/1/2020	55.9 %
8/1/2020	55.2 %
7/1/2020	54.2 %
6/1/2020	54.4 %
5/1/2020	53.6 %
4/1/2020	53.2 %
3/1/2020	52.3 %
2/1/2020	29.6 %
1/1/2020	54.1 %
12/1/2019	53.5 %
11/1/2019	54.4 %
10/1/2019	52.8 %
9/1/2019	53.7 %
8/1/2019	53.8 %
7/1/2019	53.7 %
6/1/2019	54.2 %
5/1/2019	54.3 %
4/1/2019	54.3 %
3/1/2019	54.8 %
2/1/2019	54.3 %
1/1/2019	54.7 %
12/1/2018	53.8 %
11/1/2018	53.4 %
10/1/2018	53.9 %
9/1/2018	54.9 %
8/1/2018	54.2 %
7/1/2018	54 %
6/1/2018	55 %
5/1/2018	54.9 %
4/1/2018	54.8 %
3/1/2018	54.6 %
2/1/2018	54.4 %
1/1/2018	55.3 %
12/1/2017	55 %
11/1/2017	54.8 %
10/1/2017	54.3 %
9/1/2017	55.4 %
8/1/2017	53.4 %
7/1/2017	54.5 %
6/1/2017	54.9 %
5/1/2017	54.5 %
4/1/2017	54 %
3/1/2017	55.1 %
2/1/2017	54.2 %
1/1/2017	54.6 %
12/1/2016	54.5 %
11/1/2016	54.7 %
10/1/2016	54 %
9/1/2016	53.7 %
8/1/2016	53.5 %
7/1/2016	53.9 %
6/1/2016	53.7 %
5/1/2016	53.1 %
4/1/2016	53.5 %
3/1/2016	53.8 %
2/1/2016	52.7 %
1/1/2016	53.5 %
12/1/2015	54.4 %
11/1/2015	53.6 %
10/1/2015	53.1 %
9/1/2015	53.4 %
8/1/2015	53.4 %
7/1/2015	53.9 %
6/1/2015	53.8 %
5/1/2015	53.2 %
4/1/2015	53.4 %
3/1/2015	53.7 %
2/1/2015	53.9 %
1/1/2015	53.7 %
12/1/2014	54.1 %
11/1/2014	53.9 %
10/1/2014	53.8 %
9/1/2014	54 %
8/1/2014	54.4 %
7/1/2014	54.2 %
6/1/2014	55 %
5/1/2014	55.5 %
4/1/2014	54.8 %
3/1/2014	54.5 %
2/1/2014	55 %
1/1/2014	53.4 %
12/1/2013	54.6 %
11/1/2013	56 %
10/1/2013	56.3 %
9/1/2013	55.4 %
8/1/2013	53.9 %
7/1/2013	54.1 %
6/1/2013	53.9 %
5/1/2013	54.3 %
4/1/2013	54.5 %
3/1/2013	55.6 %
2/1/2013	54.5 %
1/1/2013	56.2 %
12/1/2012	56.1 %
11/1/2012	55.6 %
10/1/2012	55.5 %
9/1/2012	53.7 %
8/1/2012	56.3 %
7/1/2012	55.6 %
6/1/2012	56.7 %
5/1/2012	55.2 %
4/1/2012	56.1 %
3/1/2012	58 %
2/1/2012	57.3 %
1/1/2012	55.7 %
12/1/2011	56.3 %
11/1/2011	55.9 %
10/1/2011	55.5 %
9/1/2011	55.8 %
8/1/2011	57.1 %
7/1/2011	57.3 %
6/1/2011	56.6 %
5/1/2011	58.7 %
4/1/2011	58.2 %
3/1/2011	59.2 %
2/1/2011	57 %
1/1/2011	57.2 %
12/1/2010	58.8 %
11/1/2010	58.9 %
10/1/2010	57.4 %
9/1/2010	57.9 %
8/1/2010	58 %
7/1/2010	57.1 %
6/1/2010	58.8 %
5/1/2010	58.1 %
4/1/2010	57.8 %
3/1/2010	57.3 %
2/1/2010	57 %
1/1/2010	58.1 %
12/1/2009	58.8 %
11/1/2009	58.4 %
10/1/2009	59.5 %
9/1/2009	57.9 %
8/1/2009	57.3 %
7/1/2009	57.3 %
6/1/2009	55.4 %
5/1/2009	54.9 %
4/1/2009	53.5 %
3/1/2009	54.4 %
2/1/2009	55.1 %
1/1/2009	53.7 %
12/1/2008	50.8 %
11/1/2008	51.2 %
10/1/2008	53.1 %
9/1/2008	55 %
8/1/2008	52.9 %
7/1/2008	55.7 %
6/1/2008	57.4 %
5/1/2008	57.4 %
4/1/2008	58.4 %
3/1/2008	58.9 %
2/1/2008	59.3 %
1/1/2008	60.2 %
12/1/2007	60.2 %
11/1/2007	60.6 %
10/1/2007	61.4 %
9/1/2007	61.9 %
8/1/2007	61.7 %
7/1/2007	59.4 %
6/1/2007	60 %
5/1/2007	62.2 %
4/1/2007	60.4 %
3/1/2007	58.2 %
2/1/2007	60.6 %
1/1/2007	60.4 %

...

Similar Macro Indicators to Non Manufacturing Purchasing Managers' Index (PMI)

Name	Current	Previous	Frequency
🇨🇳 Automobile production	2.706 M Units	2.502 M Units	Monthly
🇨🇳 Business Climate	49.5 points	49.5 points	Monthly
🇨🇳 Capacity Utilization	73.6 %	75.9 %	Quarter
🇨🇳 Cement production	163.97 M Tonnes	179.527 M Tonnes	Monthly
🇨🇳 Changes in Inventory Levels	932.74 B CNY	1.496 T CNY	Annually
🇨🇳 Composite Leading Indicator	100.363 points	100.88 points	Monthly
🇨🇳 Composite PMI	52.8 points	54.1 points	Monthly
🇨🇳 Corporate profits	2.754 T CNY	2.095 T CNY	Monthly
🇨🇳 Electric Vehicle Registrations	883,000 Units	294,000 Units	Monthly
🇨🇳 Electricity Production	717,850 Gigawatt-hour	690,080 Gigawatt-hour	Monthly
🇨🇳 Industrial production	5.3 %	5.4 %	Monthly
🇨🇳 Industrial Production MoM	0.42 %	0.26 %	Monthly
🇨🇳 Leading Indicator	150 points	150.8 points	Monthly
🇨🇳 Manufacturing PMI	51.8 points	51.7 points	Monthly
🇨🇳 Manufacturing Production	5.4 %	5.2 %	Monthly
🇨🇳 Mining Production	4.6 %	3.7 %	Monthly
🇨🇳 NBS General PMI	50.5 points	51 points	Monthly
🇨🇳 New Orders	49.9 points	48.9 points	Monthly
🇨🇳 Services PMI	52 points	50.3 points	Monthly
🇨🇳 Steel production	77.1 M Tonnes	77.9 M Tonnes	Monthly
🇨🇳 Terms of Service Index	50.6 points	51.9 points	Monthly
🇨🇳 Total Vehicle Sales	2.42 M Units	2.36 M Units	Monthly
🇨🇳 Vehicle Registrations	2.755 M Units	2.525 M Units	Monthly

In China, the Non-Manufacturing Purchasing Managers Index (PMI) survey is based on data collected from a representative panel of 1,200 enterprises within the non-manufacturing sector. The survey includes ten questions that cover various aspects such as business activity, new orders, new export orders, order backlog, stock levels, intermediate input prices, subscription prices, employment, supplier delivery times, and business activity expectations. For each question, a diffusion index is calculated. In the absence of an integrated PMI, the business activity index is generally used to reflect overall changes in the non-manufacturing sector. A PMI reading above 50 percent indicates expansion from the previous month, while a reading below 50 percent signals contraction.

What is Non Manufacturing Purchasing Managers' Index (PMI)?

The Non-Manufacturing PMI, or Purchasing Managers' Index, is a critical macroeconomic indicator that measures the economic health of the services sector, which includes industries outside of manufacturing. As the global economy evolves, understanding the movements and implications of the Non-Manufacturing PMI becomes increasingly essential for analysts, investors, policymakers, and business leaders. The PMI is a composite index derived from monthly surveys of purchasing managers, and it is based on key indicators such as new orders, inventory levels, production, supplier deliveries, and employment conditions. This index is vital for gauging the overall business health and economic trends within the non-manufacturing sectors. At Eulerpool, we strive to present this macroeconomic data with clarity and precision, facilitating informed decision-making for our users. The Non-Manufacturing PMI primarily encompasses several industries including retail, health care, finance, and real estate, among others. Given that these sectors significantly contribute to the GDP of advanced economies, the Non-Manufacturing PMI is a substantial indicator of economic vitality. A PMI above 50 generally indicates expansion in the non-manufacturing sector, while a reading below 50 signals contraction. The insights drawn from this index enable stakeholders to gauge economic trends, make strategic business decisions, and forecast future economic activities. Non-Manufacturing PMI surveys typically involve interviewing representatives from thousands of companies across various industries. The responses are then weighted and aggregated to construct a single headline index number. Survey questions focus on changes in business activities compared to the previous month, with respondents indicating whether activities have improved, remained the same, or deteriorated. This approach ensures that the index reflects current economic conditions concisely and accurately. The Non-Manufacturing PMI, by capturing fluctuations in key business metrics such as new orders and employment, provides timely insights into economic dynamics. These insights are pivotal for investors seeking to assess the potential for growth or recession in the markets. By understanding the PMI trends, investors can make better investment decisions, allocate resources efficiently, and optimize their portfolios in anticipation of economic shifts. Moreover, the broader economic implications gleaned from the Non-Manufacturing PMI can influence stock market performance, interest rates, and currency movements. Policymakers also rely heavily on the Non-Manufacturing PMI. Governments and central banks monitor these figures closely to design appropriate fiscal and monetary policies. For instance, a consistently high PMI may indicate overheating in the economy, prompting policymakers to consider tightening measures. Conversely, a declining PMI might necessitate stimulating actions to bolster economic activity. Data from the Non-Manufacturing PMI forms a crucial part of the economic analysis that informs policy decisions aiming to maintain economic stability and growth. Businesses, particularly those operating in the service sectors, also utilize the Non-Manufacturing PMI to strategize and make operational decisions. By analyzing PMI data, companies can gauge the demand for their products or services, optimize inventory and supply chain management, and plan for workforce changes. For example, a rising PMI could suggest increased demand, prompting companies to scale up production and hire additional staff. Conversely, a declining PMI might lead companies to adopt cost-cutting measures and streamline operations to preserve profitability. From an economic research perspective, the Non-Manufacturing PMI offers a wealth of data for analytical purposes. Economists and financial analysts deploy PMI figures to construct models predicting economic performance, identify cyclical trends, and develop insights into the broader economic landscape. The PMI serves as a leading indicator, often signaling changes in economic conditions before they are reflected in other economic data such as GDP growth or employment statistics. One of the notable strengths of the Non-Manufacturing PMI is its timeliness. Because the surveys are conducted monthly and the results are released shortly thereafter, the PMI provides a near real-time snapshot of economic conditions. This monthly cadence allows for quick identification of emerging trends and enables swift responses to economic developments. At Eulerpool, we prioritize presenting the Non-Manufacturing PMI data in a user-friendly, accessible format. Our platform offers detailed breakdowns, historical data, and visual tools such as charts and graphs to help users interpret the data accurately. We understand that our users demand precision and comprehensiveness, and we leverage sophisticated analytical tools to meet these demands. By providing in-depth analysis and contextual information, we ensure that our users gain a holistic understanding of the Non-Manufacturing PMI and its implications. In summary, the Non-Manufacturing PMI is an indispensable tool for assessing the health and direction of the service economy. It informs a broad range of economic actors from investors and policymakers to business leaders and researchers. At Eulerpool, we are committed to delivering this vital macroeconomic data accurately and promptly, empowering our users to make informed decisions based on robust economic insights. The Non-Manufacturing PMI, with its encompassing scope and predictive power, remains a cornerstone of economic analysis in the contemporary economic landscape, underlining the pivotal role of the service sector in driving economic growth and stability.

Country

China

Continent

Asia

Highest Value

62.2

Lowest Value

29.6

Average Value

54.68

All Macro Indicators for China

Apartment

Consumer

GDP

Government

Prices

Work