China RatingDog Manufacturing Purchasing Managers Index (PMI)

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Latest ReleaseApr 01, 2026
Actual50.8
Forecast51.6
Previous
52.1
Importance:Country:Currency:Source:
The Chinese RatingDog Manufacturing PMI is a composite indicator designed to provide an overall view of activity in the manufacturing sector and acts as an leading indicator for the whole economy. When the PMI is below 50.0 this indicates that the manufacturing economy is declining and a value above 50.0 indicates an expansion of the manufacturing economy.

Flash figures are released approximately 6 business days prior to the end of the month. Final figures overwrite the flash figures upon release and are in turn overwritten as the next Flash is available.

The Chinese RatingDog Manufacturing PMI is concluded from a monthly survey of about 430 purchasing managers which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories.

A higher than expected reading should be taken as positive/bullish for the CNY , while a lower than expected reading should be taken as negative/bearish for the CNY.
Release dateTimeActualForecastPrevious
Apr 30, 2026 (Apr)01:45
50.8
Apr 01, 2026 (Mar)01:4550.851.6
52.1
Mar 04, 2026 (Feb)01:4552.150.1
50.3

RatingDog Manufacturing PMI Discussion

This is the typical manner in which the relevant CN gov dept. releases the figures---->(1)All figures green: Released on time. (2)Mixed figures-overall good: Release during the morning. (2)Mixed figures-overall Neutral: Release before or during lunch. (2)Adverse figures: Release after HK/CN markets close. (5)Very Adverse figures-Release over the weekend.
Update: Releasing on a Sunday morning while everyone is away, three days later than the scheduled time and incidentally during the beginning of the week long public holiday in China to have market volatility tightly under control. 50.0 vs 50.5, another figure that's short of expectation and worrying in it's own right. This is how they do things-conceal, obscure, misdirect and even fabricate. That figure of 50.0 is most likely doctored and it just shows how things are getting more severe with the trade wars getting ever more deep rooted.
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