China's Non-Manufacturing PMI for May

China Federation of Logistics and Purchasing announced the China's Non-Manufacturing PMI for May on 2025-05-31. The reported figure stands at 50.3, against a forecast of 50.5, with the prior figure recorded as 50.4.

Regarding the China's Non-Manufacturing PMI for May, Actual value > Forecast value = Bullish for AUD, The National Bureau of Statistics Service Industry Survey Center and the China Federation of Logistics and Purchasing jointly released an index composed of 10 diffusion indices: business activity, new orders, new export orders, backlog orders, inventory, intermediate input prices, charging prices, number of employees, supplier delivery time, and business activity expectations. Generally speaking, if the index reaches above 50, it reflects an overall rise or growth in the non-manufacturing economy; if it is below 50, it reflects a decline or regression in the non-manufacturing economy.

This data holds an importance level of , calculated using The PMI survey tracks the confidence levels of purchasing managers in the manufacturing, construction, and/or service sectors. The composite confidence index is generally calculated based on survey results related to production, orders, inventory, employment, prices, and other aspects. It compiles statistics on 10 diffusion indices and creates an index, and updates Monthly.

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