official PMI for August. Production 49.5 (excl. 49.6), Services 53.8 (excl. 53.7)




Purchasing Leaders Index Data from China's National Bureau of Statistics published on Saturday.

Manufacturing 49.5

  • expected 49.6, before 49.7
  • in contraction for the fourth month
  • slowing domestic demand sustained negativity
  • Xinhua (state media in China) reports NBS and said "demand moderated in the midst of a complex economic environment"

Services 53.8

  • expected 53.7, before 53.7
  • first improvement for This in five months and contrary to pressure from domestic demand seen in production PMI [1[ads1]9659007] Composite 53.0

    So, a bit of a mix here. Services that stop.

The private investigated PMIs (Caixin / Markit) will be published from Monday (Industry PMI is Monday, services and compound follow on Wednesday).

  Purchasing Manager's index data from China's National Bureau of Statistics published on Saturday.

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