China PMIs Due This Coming Week - The Inside Word Preview

Published date: .

Later in the week, Wednesday and Friday, are the private survey PMIs, Caixin/Markit.

Markit give a brief preview:

  • China's PMIs will be especially closely watched given its earlier relaxation of virus-related restrictions. 
  • So far the data have shown encouraging strength, with business activity across manufacturing and services growing in May at the fastest rate since the start of 2011. 
  • The data for China may therefore help gauge the extent to which early rebounds in activity from lockdowns might fade. 

 I'll have more on the Caixin/Markit PMIs on approach. 

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Official PMIs, manufacturing and non-manufacturing are due on Tuesday June 30 at 0100GMT

Manufacturing 

  • expected 50.4, prior 50.6

Non-manufacturing 

  • expected 53.5, prior 53.6

Composite

  • prior 53.4