100+ datasets found
  1. Manufacturing Purchasing Managers' Index (PMI) in China by month 2025

    • statista.com
    Updated Mar 3, 2025
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    Statista (2025). Manufacturing Purchasing Managers' Index (PMI) in China by month 2025 [Dataset]. https://www.statista.com/statistics/271770/china-manufacturing-purchasing-managers-index/
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    Dataset updated
    Mar 3, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Feb 2023 - Feb 2025
    Area covered
    China
    Description

    In February 2025, the Purchasing Managers' Index (PMI) in China resided at about 50.2 percent. An indicator of the economic health of the manufacturing sector, the PMI is based on five major indicators: new orders, inventory levels, production, supplier deliveries, and the employment environment. An index value above 50 percent indicates a positive development in the industrial sector, whereas a value below 50 percent indicates a negative situation. The PMI as a major economic indicator The Purchasing Managers' Index was first introduced by the US-based Institute of Supply Management in 1948. It has become one of the most widely used and closely watched indicators of business activities worldwide. The PMI is not only an apt indicator for manufacturing growth, it also supports interest rate decisions of central bank institutions. PMI figures around the globe were dominated by the COVID-19 pandemic in 2020. In the Euro area, the PMI recovered from a considerable drop in April 2020, regaining pre-crisis level in June. In the United States, the monthly PMI indicated an even better improvement from low values in April and March. Recent PMI development in China As is shown in the graph at hand, the PMI of China as the world’s second-largest economy dropped considerably in February 2020 due to the coronavirus pandemic. In March, the index indicated a striking rebound and ranged at a level slightly above 50 index points afterwards. During 2021, the index was characterized by a slightly downward trend. In 2022, the index displayed an unstable development with two significant dips in April and December, finally concluding with a strong rebound in January 2023. The non-manufacturing PMI in China displayed a similar development.

  2. C

    China PMI: Production

    • ceicdata.com
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    CEICdata.com (2025). China PMI: Production [Dataset]. https://www.ceicdata.com/en/china/purchasing-managers-index-manufacturing/pmi-production
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    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Mar 1, 2024 - Feb 1, 2025
    Area covered
    China
    Variables measured
    Purchasing Manager Index
    Description

    China PMI: Production data was reported at 52.500 % in Feb 2025. This records an increase from the previous number of 49.800 % for Jan 2025. China PMI: Production data is updated monthly, averaging 53.000 % from Jan 2005 (Median) to Feb 2025, with 242 observations. The data reached an all-time high of 66.500 % in Apr 2008 and a record low of 27.800 % in Feb 2020. China PMI: Production data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Business and Economic Survey – Table CN.OP: Purchasing Managers' Index: Manufacturing.

  3. Manufacturing PMI related indices in China 2023-2025

    • statista.com
    Updated Mar 3, 2025
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    Statista (2025). Manufacturing PMI related indices in China 2023-2025 [Dataset]. https://www.statista.com/statistics/1109753/china-manufacturing-purchasing-managers-index-related-figures-during-coronavirus-covid-19-pandemic/
    Explore at:
    Dataset updated
    Mar 3, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Feb 2023 - Feb 2025
    Area covered
    China
    Description

    In February 2025, the Manufacturing Purchasing Managers' Index (PMI) in China ranged at 50.2 points. That month, the index for future expectations ranged at 54.5 points.

  4. C

    China PMI: Employment

    • ceicdata.com
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    CEICdata.com, China PMI: Employment [Dataset]. https://www.ceicdata.com/en/china/purchasing-managers-index-manufacturing/pmi-employment
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    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Mar 1, 2024 - Feb 1, 2025
    Area covered
    China
    Variables measured
    Purchasing Manager Index
    Description

    China PMI: Employment data was reported at 48.600 % in Feb 2025. This records an increase from the previous number of 48.100 % for Jan 2025. China PMI: Employment data is updated monthly, averaging 49.000 % from Jan 2005 (Median) to Feb 2025, with 242 observations. The data reached an all-time high of 53.400 % in Mar 2008 and a record low of 31.800 % in Feb 2020. China PMI: Employment data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Business and Economic Survey – Table CN.OP: Purchasing Managers' Index: Manufacturing.

  5. C

    China Manufacturing PMI: Headline: sa: China

    • ceicdata.com
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    China Manufacturing PMI: Headline: sa: China [Dataset]. https://www.ceicdata.com/en/china/manufacturing-pmi-headline/manufacturing-pmi-headline-sa-china
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    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Mar 1, 2024 - Feb 1, 2025
    Area covered
    China
    Variables measured
    Purchasing Manager Index
    Description

    Manufacturing PMI: Headline: sa: China data was reported at 50.800 NA in Feb 2025. This records an increase from the previous number of 50.100 NA for Jan 2025. Manufacturing PMI: Headline: sa: China data is updated monthly, averaging 50.400 NA from Mar 2022 (Median) to Feb 2025, with 36 observations. The data reached an all-time high of 51.800 NA in Jun 2024 and a record low of 46.000 NA in Apr 2022. Manufacturing PMI: Headline: sa: China data remains active status in CEIC and is reported by S&P Global. The data is categorized under World Trend Plus’s S&P Global Purchasing Managers' Index: Headline – Table CN.OTC: Manufacturing PMI Headline. [COVID-19-IMPACT]

  6. Non-manufacturing Purchasing Managers' Index (PMI) in China 2025

    • statista.com
    Updated Mar 3, 2025
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    Statista (2025). Non-manufacturing Purchasing Managers' Index (PMI) in China 2025 [Dataset]. https://www.statista.com/statistics/283512/china-non-manufacturing-purchasing-managers-index/
    Explore at:
    Dataset updated
    Mar 3, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Feb 2023 - Feb 2025
    Area covered
    China
    Description

    This statistic shows the Non-manufacturing Purchasing Managers' Index (PMI) in China from February 2023 to February 2025. In February 2025, the non-manufacturing PMI resided at 50.4 points.

  7. C

    China Manufacturing PMI: Headline: non-sa: China

    • ceicdata.com
    Updated Feb 15, 2025
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    CEICdata.com (2025). China Manufacturing PMI: Headline: non-sa: China [Dataset]. https://www.ceicdata.com/en/china/manufacturing-pmi-headline/manufacturing-pmi-headline-nonsa-china
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    Dataset updated
    Feb 15, 2025
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Mar 1, 2024 - Feb 1, 2025
    Area covered
    China
    Variables measured
    Purchasing Manager Index
    Description

    Manufacturing PMI: Headline: non-sa: China data was reported at 45.400 NA in Feb 2025. This records a decrease from the previous number of 48.900 NA for Jan 2025. Manufacturing PMI: Headline: non-sa: China data is updated monthly, averaging 50.300 NA from Mar 2022 (Median) to Feb 2025, with 36 observations. The data reached an all-time high of 53.900 NA in Mar 2024 and a record low of 45.200 NA in Feb 2024. Manufacturing PMI: Headline: non-sa: China data remains active status in CEIC and is reported by S&P Global. The data is categorized under World Trend Plus’s S&P Global Purchasing Managers' Index: Headline – Table CN.OTC: Manufacturing PMI Headline. [COVID-19-IMPACT]

  8. T

    MANUFACTURING PMI by Country Dataset

    • tradingeconomics.com
    csv, excel, json, xml
    Updated Jan 2, 2014
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    MANUFACTURING PMI by Country Dataset [Dataset]. https://tradingeconomics.com/country-list/manufacturing-pmi
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    xml, json, csv, excelAvailable download formats
    Dataset updated
    Jan 2, 2014
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    2025
    Area covered
    World
    Description

    This dataset provides values for MANUFACTURING PMI reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

  9. Non-manufacturing PMI related indices in China 2023-2025

    • statista.com
    Updated Mar 3, 2025
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    Statista (2025). Non-manufacturing PMI related indices in China 2023-2025 [Dataset]. https://www.statista.com/statistics/1109792/china-non-manufacturing-purchasing-managers-index-related-figures-during-coronavirus-covid-19-pandemic/
    Explore at:
    Dataset updated
    Mar 3, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Feb 2023 - Feb 2025
    Area covered
    China
    Description

    In February 2025, the non-manufacturing Purchasing Managers' Index (PMI) in China ranged at 50.4 points, up from 50.2 points in the previous month. The index for the expectation of business activities ranged at 56.6 points that month.

  10. C

    China CN: PMI: Chemical Fiber, Rubber & Plastic Product Mfg: Employment

    • ceicdata.com
    Updated Feb 15, 2025
    + more versions
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    CEICdata.com (2025). China CN: PMI: Chemical Fiber, Rubber & Plastic Product Mfg: Employment [Dataset]. https://www.ceicdata.com/en/china/purchasing-managers-index-manufacturing-chemical-fiber-rubber--plastic-product-mfg/cn-pmi-chemical-fiber-rubber--plastic-product-mfg-employment
    Explore at:
    Dataset updated
    Feb 15, 2025
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 2009 - Dec 1, 2009
    Area covered
    China
    Variables measured
    Purchasing Manager Index
    Description

    China PMI: Chemical Fiber, Rubber & Plastic Product Mfg: Employment data was reported at 49.900 % in Dec 2009. This records a decrease from the previous number of 50.000 % for Nov 2009. China PMI: Chemical Fiber, Rubber & Plastic Product Mfg: Employment data is updated monthly, averaging 48.400 % from Jul 2005 (Median) to Dec 2009, with 54 observations. The data reached an all-time high of 53.400 % in Oct 2009 and a record low of 38.500 % in Jan 2009. China PMI: Chemical Fiber, Rubber & Plastic Product Mfg: Employment data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Business and Economic Survey – Table CN.OP: Purchasing Managers' Index: Manufacturing: Chemical Fiber, Rubber & Plastic Product Mfg.

  11. C

    China CN: PMI: Mfg: Medium Enterprise: Backlog Order

    • ceicdata.com
    Updated Feb 15, 2025
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    CEICdata.com (2025). China CN: PMI: Mfg: Medium Enterprise: Backlog Order [Dataset]. https://www.ceicdata.com/en/china/purchasing-managers-index-manufacturing/cn-pmi-mfg-medium-enterprise-backlog-order
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    Dataset updated
    Feb 15, 2025
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jul 1, 2023 - Jun 1, 2024
    Area covered
    China
    Variables measured
    Purchasing Manager Index
    Description

    China PMI: Mfg: Medium Enterprise: Backlog Order data was reported at 44.900 % in Jun 2024. This records a decrease from the previous number of 45.900 % for May 2024. China PMI: Mfg: Medium Enterprise: Backlog Order data is updated monthly, averaging 44.800 % from Jul 2013 (Median) to Jun 2024, with 113 observations. The data reached an all-time high of 49.200 % in Mar 2024 and a record low of 34.200 % in Feb 2020. China PMI: Mfg: Medium Enterprise: Backlog Order data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Business and Economic Survey – Table CN.OP: Purchasing Managers' Index: Manufacturing.

  12. Manufacturing purchasing managers index (PMI) Hong Kong 2023-2025

    • statista.com
    Updated Mar 17, 2025
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    Statista (2025). Manufacturing purchasing managers index (PMI) Hong Kong 2023-2025 [Dataset]. https://www.statista.com/statistics/985162/hong-kong-manufacturing-purchasing-managers-index-pmi/
    Explore at:
    Dataset updated
    Mar 17, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Feb 2023 - Feb 2025
    Area covered
    Hong Kong
    Description

    As of February 2025, the manufacturing purchasing managers' index (PMI) in Hong Kong stood at 49 index points. This was down from 51 index points in the previous month.

  13. C

    China PMI: Imports

    • ceicdata.com
    Updated Feb 15, 2025
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    CEICdata.com (2025). China PMI: Imports [Dataset]. https://www.ceicdata.com/en/china/purchasing-managers-index-manufacturing/pmi-imports
    Explore at:
    Dataset updated
    Feb 15, 2025
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Mar 1, 2024 - Feb 1, 2025
    Area covered
    China
    Variables measured
    Purchasing Manager Index
    Description

    China PMI: Imports data was reported at 49.500 % in Feb 2025. This records an increase from the previous number of 48.100 % for Jan 2025. China PMI: Imports data is updated monthly, averaging 49.300 % from Jan 2005 (Median) to Feb 2025, with 242 observations. The data reached an all-time high of 57.500 % in Mar 2008 and a record low of 31.900 % in Feb 2020. China PMI: Imports data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Business and Economic Survey – Table CN.OP: Purchasing Managers' Index: Manufacturing.

  14. T

    China Industrial Production

    • tradingeconomics.com
    • es.tradingeconomics.com
    • +17more
    csv, excel, json, xml
    Updated Jan 17, 2025
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    TRADING ECONOMICS (2025). China Industrial Production [Dataset]. https://tradingeconomics.com/china/industrial-production
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    xml, csv, json, excelAvailable download formats
    Dataset updated
    Jan 17, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 31, 1990 - Feb 28, 2025
    Area covered
    China
    Description

    Industrial Production in China increased 5.90 percent in February of 2025 over the same month in the previous year. This dataset provides - China Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news.

  15. C

    China CN: PMI: Food Processing & Mfg: Production

    • ceicdata.com
    Updated Dec 15, 2020
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    CEICdata.com, China CN: PMI: Food Processing & Mfg: Production [Dataset]. https://www.ceicdata.com/en/china/purchasing-managers-index-manufacturing-food-processing--mfg/cn-pmi-food-processing--mfg-production
    Explore at:
    Dataset updated
    Dec 15, 2020
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 2009 - Dec 1, 2009
    Area covered
    China
    Variables measured
    Purchasing Manager Index
    Description

    China PMI: Food Processing & Mfg: Production data was reported at 67.500 % in Dec 2009. This records an increase from the previous number of 59.700 % for Nov 2009. China PMI: Food Processing & Mfg: Production data is updated monthly, averaging 60.550 % from Jul 2005 (Median) to Dec 2009, with 54 observations. The data reached an all-time high of 73.500 % in Oct 2009 and a record low of 41.800 % in Feb 2009. China PMI: Food Processing & Mfg: Production data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Business and Economic Survey – Table CN.OP: Purchasing Managers' Index: Manufacturing: Food Processing & Mfg.

  16. C

    China CN: PMI: Chemical Fiber, Rubber & Plastic Product Mfg: Purchasing...

    • ceicdata.com
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    CEICdata.com, China CN: PMI: Chemical Fiber, Rubber & Plastic Product Mfg: Purchasing Price Index [Dataset]. https://www.ceicdata.com/en/china/purchasing-managers-index-manufacturing-chemical-fiber-rubber--plastic-product-mfg/cn-pmi-chemical-fiber-rubber--plastic-product-mfg-purchasing-price-index
    Explore at:
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 2009 - Dec 1, 2009
    Area covered
    China
    Variables measured
    Purchasing Manager Index
    Description

    China PMI: Chemical Fiber, Rubber & Plastic Product Mfg: Purchasing Price Index data was reported at 79.600 % in Dec 2009. This records a decrease from the previous number of 83.200 % for Nov 2009. China PMI: Chemical Fiber, Rubber & Plastic Product Mfg: Purchasing Price Index data is updated monthly, averaging 61.250 % from Jul 2005 (Median) to Dec 2009, with 54 observations. The data reached an all-time high of 88.400 % in Jun 2008 and a record low of 3.300 % in Nov 2008. China PMI: Chemical Fiber, Rubber & Plastic Product Mfg: Purchasing Price Index data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Business and Economic Survey – Table CN.OP: Purchasing Managers' Index: Manufacturing: Chemical Fiber, Rubber & Plastic Product Mfg.

  17. T

    China NBS Manufacturing PMI

    • id.tradingeconomics.com
    • fa.tradingeconomics.com
    • +17more
    csv, excel, json, xml
    Updated Mar 1, 2025
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    TRADING ECONOMICS (2025). China NBS Manufacturing PMI [Dataset]. https://id.tradingeconomics.com/china/business-confidence
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    excel, json, xml, csvAvailable download formats
    Dataset updated
    Mar 1, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 31, 2005 - Feb 28, 2025
    Area covered
    Tiongkok
    Description

    Keyakinan Bisnis di China meningkat menjadi 50,20 poin pada bulan Februari dari 49,10 poin pada bulan Januari 2025. Nilai saat ini, data historis, perkiraan, statistik, grafik dan kalender ekonomi - Tiongkok - Kepercayaan Bisnis.

  18. C

    China CN: PMI: Retail Trade: Input Price

    • ceicdata.com
    Updated Dec 15, 2024
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    China CN: PMI: Retail Trade: Input Price [Dataset]. https://www.ceicdata.com/en/china/purchasing-managers-index-non-manufacturing-retail-trade/cn-pmi-retail-trade-input-price
    Explore at:
    Dataset updated
    Dec 15, 2024
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 2009 - Dec 1, 2009
    Area covered
    China
    Variables measured
    Purchasing Manager Index
    Description

    China PMI: Retail Trade: Input Price data was reported at 60.900 % in Dec 2009. This records an increase from the previous number of 59.100 % for Nov 2009. China PMI: Retail Trade: Input Price data is updated monthly, averaging 57.390 % from Jan 2008 (Median) to Dec 2009, with 24 observations. The data reached an all-time high of 67.990 % in Jan 2008 and a record low of 49.570 % in Feb 2009. China PMI: Retail Trade: Input Price data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Business and Economic Survey – Table CN.OP: Purchasing Managers' Index: Non Manufacturing: Retail Trade.

  19. C

    China CN: PMI: Petroleum Processing & Coking: Production

    • ceicdata.com
    Updated Dec 15, 2024
    + more versions
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    CEICdata.com (2024). China CN: PMI: Petroleum Processing & Coking: Production [Dataset]. https://www.ceicdata.com/en/china/purchasing-managers-index-manufacturing-petroleum-processing--coking/cn-pmi-petroleum-processing--coking-production
    Explore at:
    Dataset updated
    Dec 15, 2024
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 2009 - Dec 1, 2009
    Area covered
    China
    Variables measured
    Purchasing Manager Index
    Description

    China PMI: Petroleum Processing & Coking: Production data was reported at 56.800 % in Dec 2009. This records an increase from the previous number of 39.800 % for Nov 2009. China PMI: Petroleum Processing & Coking: Production data is updated monthly, averaging 51.950 % from Jul 2005 (Median) to Dec 2009, with 54 observations. The data reached an all-time high of 69.100 % in Jan 2006 and a record low of 16.700 % in Nov 2008. China PMI: Petroleum Processing & Coking: Production data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Business and Economic Survey – Table CN.OP: Purchasing Managers' Index: Manufacturing: Petroleum Processing & Coking.

  20. C

    China CN: PMI: Tobacco Processing: Production

    • ceicdata.com
    Updated Dec 15, 2020
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    CEICdata.com (2020). China CN: PMI: Tobacco Processing: Production [Dataset]. https://www.ceicdata.com/en/china/purchasing-managers-index-manufacturing-tobacco-processing/cn-pmi-tobacco-processing-production
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    Dataset updated
    Dec 15, 2020
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 2009 - Dec 1, 2009
    Area covered
    China
    Variables measured
    Purchasing Manager Index
    Description

    China PMI: Tobacco Processing: Production data was reported at 33.200 % in Dec 2009. This records a decrease from the previous number of 78.200 % for Nov 2009. China PMI: Tobacco Processing: Production data is updated monthly, averaging 54.150 % from Jul 2005 (Median) to Dec 2009, with 54 observations. The data reached an all-time high of 90.600 % in Jan 2006 and a record low of 25.800 % in May 2006. China PMI: Tobacco Processing: Production data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Business and Economic Survey – Table CN.OP: Purchasing Managers' Index: Manufacturing: Tobacco Processing.

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Statista (2025). Manufacturing Purchasing Managers' Index (PMI) in China by month 2025 [Dataset]. https://www.statista.com/statistics/271770/china-manufacturing-purchasing-managers-index/
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Manufacturing Purchasing Managers' Index (PMI) in China by month 2025

Explore at:
Dataset updated
Mar 3, 2025
Dataset authored and provided by
Statistahttp://statista.com/
Time period covered
Feb 2023 - Feb 2025
Area covered
China
Description

In February 2025, the Purchasing Managers' Index (PMI) in China resided at about 50.2 percent. An indicator of the economic health of the manufacturing sector, the PMI is based on five major indicators: new orders, inventory levels, production, supplier deliveries, and the employment environment. An index value above 50 percent indicates a positive development in the industrial sector, whereas a value below 50 percent indicates a negative situation. The PMI as a major economic indicator The Purchasing Managers' Index was first introduced by the US-based Institute of Supply Management in 1948. It has become one of the most widely used and closely watched indicators of business activities worldwide. The PMI is not only an apt indicator for manufacturing growth, it also supports interest rate decisions of central bank institutions. PMI figures around the globe were dominated by the COVID-19 pandemic in 2020. In the Euro area, the PMI recovered from a considerable drop in April 2020, regaining pre-crisis level in June. In the United States, the monthly PMI indicated an even better improvement from low values in April and March. Recent PMI development in China As is shown in the graph at hand, the PMI of China as the world’s second-largest economy dropped considerably in February 2020 due to the coronavirus pandemic. In March, the index indicated a striking rebound and ranged at a level slightly above 50 index points afterwards. During 2021, the index was characterized by a slightly downward trend. In 2022, the index displayed an unstable development with two significant dips in April and December, finally concluding with a strong rebound in January 2023. The non-manufacturing PMI in China displayed a similar development.

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