RatingDog Manufacturing Purchasing Managers' Index (PMI)
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The "RatingDog Manufacturing Purchasing Managers' Index (PMI)" is an important leading indicator that reflects the business conditions of the manufacturing sector in China. It is calculated based on surveys of purchasing managers, covering factors such as new orders, production, employment, and inventories.
In general, a reading above 50 indicates expansion, while a reading below 50 suggests contraction. This benchmark allows market participants to easily understand the current phase of manufacturing activity.
Because it provides an early signal of manufacturing trends, this indicator is closely watched as a gauge of the overall direction of the Chinese economy. It can also influence financial markets, including foreign exchange and equities, and is often a source of market volatility upon release.
| Date | Value | Related Instruments Price Volatility | ||||||||
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| Forecast | Actual | Deviation | 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | 60 min later | ||
