City skyline in China

China PMI December 2023

China: Manufacturing PMI falls while non-manufacturing PMI rises in December

The National Bureau of Statistics’ Manufacturing Purchasing Managers’ Index (PMI) came in at 49.0 in December, down from November’s 49.4 and below market expectations. December’s result marked the weakest reading since June. Consequently, the index fell further below the 50.0 no-change threshold, signaling a sharper deterioration in manufacturing sector operating conditions compared to the previous month.

The headline print reflected weaker readings regarding output, new orders and employment.

The National Bureau of Statistics’ Non-Manufacturing PMI stood at 50.4 in December, up from November’s 50.2.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest X Download Fullscreen