China's Non-Manufacturing PMI for April

China Federation of Logistics and Purchasing announced the China's Non-Manufacturing PMI for April on 2025-04-30. The reported figure stands at 50.4, against a forecast of 50.6, with the prior figure recorded as 50.8.

Regarding the China's Non-Manufacturing PMI for April, Actual value > Forecast value = Bullish for AUD, The National Bureau of Statistics Service Industry Survey Center and the China Federation of Logistics & Purchasing jointly released a diffusion index composed of 10 indicators: business activity, new orders, new export orders, backlog orders, inventory, prices of intermediate inputs, charges, employment, supplier delivery times, and business activity expectations. Generally speaking, an index above 50 reflects an overall rise or growth in the non-manufacturing economy; below 50 reflects a decline or contraction 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 involves statistical analysis of 10 diffusion indices, which are then compiled into an index, and updates monthly.

This content is AI-generated.Please verify before use.

Disclaimer: The Crypto Calendar is for informational purposes only and doesn’t reflect Gate.com’s views or serve as financial advice.