Higher numbers than forecast tend to be bullish for CNY/xxx pairs and bearish for xxx/CNY pairs.
The typical/expected impact on CNY pairs is high.
The consensus forecast for NBS Manufacturing PMI is 50. A higher value than forecast tends to be bullish for CNY/xxx pairs and bearish for xxx/CNY pairs.
(A summary of the historic trading range after each event is not available for NBS Manufacturing PMI. Please check the candle charts instead.)
The trading range of was pips following the most recent NBS Manufacturing PMI.
The most recent announced value for NBS Manufacturing PMI was 49.7 against a forecast of 49.4.
Other recent announcements which may affect the market's interpretation of the next NBS Manufacturing PMI result:
Previous | Latest | ||||
---|---|---|---|---|---|
Industrial Production (YoY) | Bullish change | 3.7% | 4.5% | ||
Retail Sales (YoY) | Bullish change | 2.5% | 4.6% |
Country: | China |
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Currency: | CNY |
Source: | China Federation of Logistics and Purchasing |
Category: | Economic Activity |
Frequency: | Monthly |
The value of NBS Manufacturing PMI has been announced.
Forecast | Actual |