NBS Manufacturing PMI
Most recent - Tuesday 30 September 2025 01:30
Higher numbers than forecast tend to be bullish for CNY/xxx pairs and bearish for xxx/CNY pairs.
Next event - Friday 31 October 2025 01:30
The typical/expected impact on CNY pairs is high.
The consensus forecast for NBS Manufacturing PMI is 49.6. A higher value than forecast tends to be bullish for CNY/xxx pairs and bearish for xxx/CNY pairs.
Trading range
Forecast history
The most recent announced value for NBS Manufacturing PMI was 49.8 against a forecast of 49.6.
Past events
Economic context
Recent economic data has been broadly neutral for CNY. Other recent announcements which may affect the market's interpretation of the next NBS Manufacturing PMI result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Gross Domestic Product (QoQ) | (no change) | 1.1% | 1.1% | ||
| Gross Domestic Product (YoY) | Bearish change | 5.2% | 4.8% | ||
| Industrial Production (YoY) | Bullish change | 5.2% | 6.5% | ||
| Retail Sales (YoY) | Bearish change | 3.4% | 3% | ||
| Consumer Price Index (MoM) | Bullish change | 0% | 0.1% | ||
| Consumer Price Index (YoY) | Bullish change | -0.4% | -0.3% | ||
| Producer Price Index (YoY) | Bullish change | -2.9% | -2.3% |
About NBS Manufacturing PMI
| Country: | China |
|---|---|
| Currency: | CNY |
| Source: | China Federation of Logistics and Purchasing |
| Category: | Economic Activity |
| Frequency: | Monthly |
Related events
