China's official manufacturing PMI for May

2025/05/31 01:30:00

China Federation of Logistics and Purchasing announced the China's official manufacturing PMI for May on 2025-05-31. The reported figure stands at 49.5, against a forecast of 49.5, with the prior figure recorded as 49.

Regarding the China's official manufacturing PMI for May, Actual value > Forecast value = Bullish for AUD, The comprehensive index of the manufacturing industry published monthly by the China Federation of Logistics and Purchasing includes indicators of business activities such as new orders, output, employment, supplier deliveries, inventory, prices, backlogged orders, new export orders, and imports. It is a leading indicator of economic health—companies can respond quickly to market conditions, and their purchasing managers may represent the company's main views on the economy.

This data holds an importance level of , calculated using An indicator that measures the level of diffusion based on a survey of purchasing managers in the manufacturing sector. The PMI survey tracks the confidence levels of purchasing managers in manufacturing, construction, and/or service companies. The composite confidence index is generally calculated based on survey results in areas such as production, orders, inventory, employment, and prices, and updates Monthly.

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