China September Official Manufacturing PMI: A Leading Indicator of Economic Health

The China Federation of Logistics and Purchasing released the official Manufacturing PMI for September on August 31, 2025. The reported figure was 49.4, with no forecast provided; the previous reading was also 49.4.Definition: This index, published monthly by the China Federation of Logistics and Purchasing, is a composite measure of manufacturing activity encompassing new orders, output, and employment, among other business metrics. It serves as a key leading indicator of economic health. Market impact: If the actual figure exceeds expectations, it is considered positive for the Australian dollar.This data has an importance rating of 3. The statistical methodology is based on diffusion indices derived from surveys of manufacturing purchasing managers. The release frequency is monthly, with the next publication scheduled for October 31, 2025.

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