A weighted average of the Caixin Manufacturing and Caixin Services PMIs, providing a comprehensive view of China's private sector economy. It focuses more on small and medium-sized enterprises compared to official government data. This indicator is highly watched by global investors as a gauge of Chinese domestic demand.
Calculated by combining the manufacturing and services indices using weights based on the relative size of each sector in the GDP. Survey data is collected from over 1,000 companies across China.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Nov 4, 2026 | — | 52.20 | — |
| Sep 30, 2026 | 52.40 | 52.30 | +0.10 |
| Sep 3, 2026 | 52.10 | 51.00 | +1.10 |
| Aug 5, 2026 | 50.80 | 53.00 | -2.20 |
| Jul 3, 2026 | 53.60 | 53.30 | +0.30 |
| Jun 3, 2026 | 54.00 | 52.80 | +1.20 |
| May 6, 2026 | 53.10 | 51.80 | +1.30 |
| Aug 5, 2025 | 50.80 | 50.90 | -0.10 |
| Jul 3, 2025 | 51.30 | 50.20 | +1.10 |
| Jun 5, 2025 | 49.60 | 50.70 | -1.10 |
| May 6, 2025 | 51.10 | 50.50 | +0.60 |
| Apr 3, 2025 | 51.80 | 51.70 | +0.10 |
| Mar 5, 2025 | 51.50 | 51.40 | +0.10 |
| Feb 5, 2025 | 51.10 | 50.10 | +1.00 |
| Jan 6, 2025 | 51.40 | 51.50 | -0.10 |
| Dec 4, 2024 | 52.30 | 51.40 | +0.90 |
| Nov 5, 2024 | 51.90 | 50.60 | +1.30 |
| Sep 30, 2024 | 50.30 | 50.50 | -0.20 |
| Sep 4, 2024 | 51.20 | 51.00 | +0.20 |
| Aug 5, 2024 | 51.20 | 52.30 | -1.10 |
| Jul 3, 2024 | 52.80 | 53.60 | -0.80 |
| Jun 5, 2024 | 54.10 | 51.50 | +2.60 |
| May 6, 2024 | 52.80 | 52.50 | +0.30 |
| Apr 3, 2024 | 52.70 | 52.70 | 0.00 |
| Mar 5, 2024 | 52.50 | 53.10 | -0.60 |
| Feb 5, 2024 | 52.50 | 52.60 | -0.10 |
| Jan 4, 2024 | 52.60 | 51.60 | +1.00 |
| Dec 5, 2023 | 51.60 | 51.20 | +0.40 |
| Nov 3, 2023 | 50.00 | 51.00 | -1.00 |
| Oct 1, 2023 | 50.90 | 53.00 | -2.10 |
| Sep 5, 2023 | 51.70 | 51.90 | -0.20 |
| Aug 3, 2023 | 51.90 | 51.00 | +0.90 |
| Jul 5, 2023 | 52.50 | 55.10 | -2.60 |
| Jun 5, 2023 | 55.60 | 53.30 | +2.30 |
| May 5, 2023 | 53.60 | 55.00 | -1.40 |
| Apr 6, 2023 | 54.50 | 54.50 | 0.00 |
| Mar 3, 2023 | 54.20 | 52.50 | +1.70 |
| Feb 3, 2023 | 51.10 | 52.80 | -1.70 |
| Jan 5, 2023 | 48.30 | 46.00 | +2.30 |
| Dec 5, 2022 | 47.00 | 47.00 | 0.00 |
| Nov 3, 2022 | 48.30 | 48.10 | +0.20 |
| Oct 8, 2022 | 48.50 | 53.10 | -4.60 |
| Sep 5, 2022 | 53.00 | 50.00 | +3.00 |
| Aug 3, 2022 | 54.00 | 55.70 | -1.70 |
| Jul 5, 2022 | 55.30 | 50.00 | +5.30 |
| Jun 6, 2022 | 42.20 | 45.00 | -2.80 |
| May 5, 2022 | 37.20 | — | — |
| Apr 6, 2022 | 43.90 | 49.00 | -5.10 |
| Mar 3, 2022 | 50.10 | 50.80 | -0.70 |
| Feb 7, 2022 | 50.10 | 50.50 | -0.40 |
| Jan 6, 2022 | 53.00 | 51.30 | +1.70 |
The latest reading is within its usual range, less than one standard deviation from the mean.
