The typical/expected impact on CNY pairs is high.
There is no forecast value for Caixin Services PMI yet - check back for updates.
The most recent announced value for Caixin Services PMI was 52.
Recent economic data has been moderately bullish for CNY. Other recent announcements which may affect the market's interpretation of the next Caixin Services PMI result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Industrial Production (YoY) | Bullish change | 4.8% | 5.2% | ||
| Retail Sales (YoY) | Bearish change | 1.3% | 0.9% | ||
| Gross Domestic Product (QoQ) | Bullish change | 1.1% | 1.2% | ||
| Gross Domestic Product (YoY) | Bearish change | 4.8% | 4.5% | ||
| Exports (YoY) | Bullish change | 5.9% | 6.6% | ||
| Exports (YoY) CNY | Bearish change | 5.7% | 5.2% | ||
| Imports (YoY) | Bullish change | 1.9% | 5.7% | ||
| Imports (YoY) CNY | Bullish change | 1.7% | 4.4% | ||
| Trade Balance CNY | Bullish change | 792.57B | 808.8B | ||
| Trade Balance USD | Bullish change | $111.68B | $114.1B | ||
| Consumer Price Index (MoM) | Bullish change | -0.1% | 0.2% | ||
| Consumer Price Index (YoY) | Bullish change | 0.7% | 0.8% | ||
| Producer Price Index (YoY) | Bullish change | -2.2% | -1.9% |
| Country: | China |
|---|---|
| Currency: | CNY |
| Source: | IHS Markit |
| Category: | Economic Activity |
| Frequency: | Monthly |