The Caixin China Manufacturing PMI rose to 51.2 in March, up by 0.4 percentage points from February, reaching the highest level since December 2024, indicating that manufacturing production and business activities continued to expand at a faster pace. According to the sub-indices of the Caixin China Manufacturing PMI, both supply and demand in the manufacturing sector maintained an expansion trend. The production index slightly increased within the expansion territory to its highest level in nearly four months, while the new orders index declined slightly but remained above the threshold.

[Caixin manufacturing PMI was 48.3 in May] The Caixin China General Manufacturing Purchasing Managers' Index (PMI) released on June 3 was recorded at 48.3 in May, a decrease of 2.1 percentage points from April, marking the first time it fell below the threshold since October 2024.

China's Caixin Manufacturing PMI for May came in at 48.3, against an expected 50.7 and a prior reading of 50.4.

In February 2023, the China Caixin Manufacturing Purchasing Managers Index (PMI) recorded 51.6, an increase of 2.4 percentage points from January. It was the first time above 50 since August 2022.

Caixin’s China service PMI was 57.8 in March, and the previous reading was 55.

China's Caixin Manufacturing PMI for May came in at 48.3, falling below the threshold for the first time since October 2024. The forecast was 50.7, and the previous reading was 50.4.

[Caixin China General Services Business Activity Index (Services PMI) for April Falls to 50.7, the Lowest in Seven Months] The Caixin China General Services Business Activity Index (Services PMI) for April, released today, recorded a reading of 50.7, 1.2 percentage points lower than that in March, marking the lowest level in seven months within the expansion territory.

China’s Caixin Manufacturing Purchasing Managers’ Index (PMI) in April dipped 0.5 MoM to 49.5

China's Caixin Manufacturing PMI in August was 50.4, exceeding the expected 50 and up from the previous 49.8.

The Caixin China General Service Industry Business Activity Index (Service Industry PMI) released today in May recorded 57.1, an increase of 0.7 point from April, which is the second highest since December 2020 and only lower than March 2023.