China's Caixin Manufacturing PMI for May

Caixin and research institution Markit announced the China's Caixin Manufacturing PMI for May on 2025-06-03. The reported figure stands at 48.3, against a forecast of 50.7, with the prior figure recorded as 50.4.

Regarding the China's Caixin Manufacturing PMI for May, Actual value > Expected value = Bullish for AUD, The Caixin China Manufacturing Purchasing Managers' Index (PMI) is jointly compiled by Caixin and the British research company Markit Group Ltd. It serves as a measure of the overall manufacturing conditions, employment, and price surveys in China. It is a leading indicator of economic health; a reading above 50 indicates expansion in the manufacturing sector, which is favorable for the Australian dollar. Conversely, a reading below 50 indicates contraction in China's manufacturing sector, which is unfavorable for the Australian dollar.

This data holds an importance level of , calculated using Based on the Manufacturing Purchasing Managers' Survey, and updates Once a month. The next release is set for 2025-07-01 09:45:00.

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