China Caixin Manufacturing PMI
Based on a survey of 430 industrial businesses In China, the Caixin Manufacturing PMI Purchasing Managers' Index evaluates the efficiency of the manufacturing sector. All five indicators were evaluated based on the characteristics: New Orders (30%), Production (25%), Workforce (20%), Provider Delivery Times (15%), and Inventory of Items Purchased (10%), with the Delivery Times index reversed so that it moves in a similar direction to the other four indexes. A value above 50 indicates that the manufacturing sector has increased in comparison to the previous month, a rating below 50 indicates that the manufacturing sector has decreased, and a value of 50 implies that nothing has changed.
A higher than expected figure should be seen as positive (bullish) for the CNY while a lower than expected figure should be seen as negative (bearish) for the CNY.
News (CNY)
China Industrial Output, Retail Sales Miss Expectations
China's industrial production and retail sales grew at weaker than expected rates in August and fixed asset investment logged only a meagre growth, strengthening the call for both monetary and fiscal stimulus. Industrial output expanded 5.2 percent on a yearly basis in August, weaker than the 5.7 percent increase in July, the National Bureau of Statistics reported Monday.
RTTNews | 4h 2min ago
China Falls Back Into Deflation; PPI Continues To Decline
China's consumer prices declined more than expected in August on weaker demand and producer prices continued to fall, strengthening calls for more actions to bolster domestic consumption amid slowing exports growth. The consumer price index dropped 0.4 percent from a year ago after remaining flat in July, the National Bureau of Statistics reported Wednesday. Prices were expected to fall 0.2 perc
RTTNews | 5 days ago
China Exports Growth Softens More Than Forecast
China's exports growth moderated more than expected in August as frontloading gains from the U.S. started to fade but demand from Europe and Asean countries picked up strongly. Exports grew 4.4 percent year-on-year in August, which was slower than the 7.2 percent rise in July, the customs office reported Monday. This was also weaker than forecast of 5.0 percent.
RTTNews | 7 days ago
