Once the result is out, the Actual and "What happened" will appear here automatically.
Next release
Nov
Releasing in—
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Guide
What is this news
PMI (Purchasing Managers Index) is a monthly survey of company purchase managers: orders, production, jobs, prices. Released by National Bureau of Statistics. This comes every month.
How important it is
This is the earliest signal at the start of the month showing which way the economy is heading. Above 50 = growth, below 50 = contraction. This is a High impact event on FxGram: CNY pairs often see sharp moves at this time.
What this data does
Generally, if PMI comes in above forecast (especially above 50), it is seen as a sign of economic strength; if lower, it signals weakness.
This is just general knowledge (textbook), not a prediction for this release. The market may react differently. This is not buy-sell advice.
Previous releases
Date
Actual
Forecast
Previous
Sep
50.1
50.1
49.8
Aug
49.8
49.7
49.2
Jul
49.2
50
50.3
Jun
50.3
50.1
50
May
50
50
50.3
Apr
50.3
50.1
50.4
Mar
50.4
50.1
49
Feb
49
49.1
49.3
Jan
49.3
50
50.1
Dec
50.1
49.2
49.2
Nov
49.2
49.2
49
Oct
49
49.6
49.8
Sep
49.8
49.7
49.4
Aug
49.4
49.5
49.3
Data: National Bureau of Statistics, via TradingView economic calendar.