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CRTLAB/Economic calendar/China/NBS Manufacturing PMI

China NBS Manufacturing PMI

Next release Sunday, 29 November 2026, 20:30 New York. Every release since 1 Jan 2016: 131 on record, actual against forecast. High impact for the CNY. Updated within the hour of each release.

Latest · Oct. 202649.3forecast 50 · previous 50.1
Next release29 November 2026
Above forecast44%of 131 since 2016 · last 12: 42%
Range since 201635.7 → 52.6low Feb. 2020 · high Feb. 2023

The short answer

131 releases

The last China NBS Manufacturing PMI (Oct. 2026, released 31 Oct 2026) came in at 49.3, below the 50 forecast; the previous reading was 50.1. The next China NBS Manufacturing PMI is due Sunday, 29 November 2026 at 20:30 New York time (Nov. 2026).

Since 2016, China NBS Manufacturing PMI has come in above forecast 44% of the time and below 45% (131 releases with a forecast); over the last 12 it beat 42%.

The average miss against forecast over the last 24 releases was 0.32: higher than expected is good for the CNY.

Last 12 releases

bar = actual · line = forecast
Nov. 2025: actual 49.2, forecast 49.249.2Nov ’25Dec. 2025: actual 50.1, forecast 49.250.1Dec ’25Jan. 2026: actual 49.3, forecast 5049.3Jan ’26Feb. 2026: actual 49, forecast 49.149Mar ’26Mar. 2026: actual 50.4, forecast 50.150.4Mar ’26Apr. 2026: actual 50.3, forecast 50.150.3Apr ’26May. 2026: actual 50, forecast 5050May ’26Jun. 2026: actual 50.3, forecast 50.150.3Jun ’26Jul. 2026: actual 49.2, forecast 5049.2Jul ’26Aug. 2026: actual 49.8, forecast 49.649.8Aug ’26Sep. 2026: actual 50.1, forecast 50.150.1Sept ’26Oct. 2026: actual 49.3, forecast 5049.3Oct ’26

China NBS Manufacturing PMI since 2016

131 releases
20182020202220242026

Every China NBS Manufacturing PMI release

latest 120 of 131 · times New York
ReleasedPeriodActualForecastPreviousVs forecast
31 Oct 2026 21:30Oct. 202649.35050.1below
30 Sept 2026 21:30Sep. 202650.150.149.8in line
31 Aug 2026 21:30Aug. 202649.849.649.2above
31 Jul 2026 21:30Jul. 202649.25050.3below
30 Jun 2026 21:30Jun. 202650.350.150above
31 May 2026 21:30May. 2026505050.3in line
30 Apr 2026 21:30Apr. 202650.350.150.4above
31 Mar 2026 21:30Mar. 202650.450.149above
4 Mar 2026 20:30Feb. 20264949.149.3below
31 Jan 2026 20:30Jan. 202649.35050.1below
31 Dec 2025 20:30Dec. 202550.149.249.2above
30 Nov 2025 20:30Nov. 202549.249.249in line
31 Oct 2025 21:30Oct. 20254949.649.8below
30 Sept 2025 21:30Sep. 202549.849.649.4above
31 Aug 2025 21:30Aug. 202549.449.549.3below
31 Jul 2025 21:30Jul. 202549.349.749.7below
30 Jun 2025 21:30Jun. 202549.749.749.5in line
31 May 2025 21:30May. 202549.549.549in line
30 Apr 2025 21:30Apr. 20254949.850.5below
31 Mar 2025 21:30Mar. 202550.550.550.2in line
1 Mar 2025 20:30Feb. 202550.249.949.1above
27 Jan 2025 20:30Jan. 202549.150.150.1below
31 Dec 2024 20:30Dec. 202450.150.350.3below
30 Nov 2024 20:30Nov. 202450.350.250.1above
31 Oct 2024 21:30Oct. 202450.149.949.8above
30 Sept 2024 21:30Sep. 202449.849.549.1above
31 Aug 2024 21:30Aug. 202449.149.549.4below
31 Jul 2024 21:30Jul. 202449.449.349.5above
30 Jun 2024 21:30Jun. 202449.549.549.5in line
31 May 2024 21:30May. 202449.550.450.4below
30 Apr 2024 21:30Apr. 202450.450.350.8above
31 Mar 2024 21:30Mar. 202450.849.949.1above
1 Mar 2024 20:30Feb. 202449.149.149.2in line
31 Jan 2024 20:30Jan. 202449.249.249in line
31 Dec 2023 20:30Dec. 20234949.549.4below
30 Nov 2023 20:30Nov. 202349.449.749.5below
31 Oct 2023 21:30Oct. 202349.550.250.2below
30 Sept 2023 21:30Sep. 202350.25049.7above
31 Aug 2023 21:30Aug. 202349.749.449.3above
31 Jul 2023 21:30Jul. 202349.349.249above
30 Jun 2023 21:30Jun. 2023494948.8in line
31 May 2023 21:30May. 202348.849.449.2below
30 Apr 2023 21:30Apr. 202349.251.451.9below
31 Mar 2023 21:30Mar. 202351.951.552.6above
1 Mar 2023 20:30Feb. 202352.650.550.1above
31 Jan 2023 20:30Jan. 202350.149.847above
31 Dec 2022 20:30Dec. 2022474848below
30 Nov 2022 20:30Nov. 2022484949.2below
31 Oct 2022 21:30Oct. 202249.25050.1below
30 Sept 2022 21:30Sep. 202250.149.649.4above
31 Aug 2022 21:30Aug. 202249.449.249above
31 Jul 2022 21:30Jul. 20224950.450.2below
30 Jun 2022 21:30Jun. 202250.250.549.6below
31 May 2022 21:30May. 202249.648.647.4above
30 Apr 2022 21:30Apr. 202247.44849.5below
31 Mar 2022 21:30Mar. 202249.549.950.2below
1 Mar 2022 20:30Feb. 202250.249.950.1above
30 Jan 2022 20:30Jan. 202250.15050.3above
31 Dec 2021 20:00Dec. 202150.35050.1above
30 Nov 2021 20:00Nov. 202150.149.649.2above
31 Oct 2021 21:00Oct. 202149.249.749.6below
30 Sept 2021 21:00Sep. 202149.650.150.1below
31 Aug 2021 21:00Aug. 202150.150.250.4below
31 Jul 2021 21:00Jul. 202150.450.850.9below
30 Jun 2021 21:00Jun. 202150.950.851above
31 May 2021 21:00May. 20215151.151.1below
30 Apr 2021 21:00Apr. 202151.151.751.9below
31 Mar 2021 21:00Mar. 202151.951.250.6above
28 Feb 2021 02:00Feb. 202150.651.151.3below
31 Jan 2021 20:00Jan. 202151.351.651.9below
31 Dec 2020 20:00Dec. 202051.95252.1below
30 Nov 2020 20:00Nov. 202052.151.551.4above
31 Oct 2020 21:00Oct. 202051.451.351.5above
30 Sept 2020 21:00Sep. 202051.551.251above
31 Aug 2020 21:00Aug. 20205151.251.1below
31 Jul 2020 21:00Jul. 202051.150.750.9above
30 Jun 2020 21:00Jun. 202050.950.450.6above
31 May 2020 21:00May. 202050.65150.8below
30 Apr 2020 21:00Apr. 202050.85152below
31 Mar 2020 21:00Mar. 2020524535.7above
29 Feb 2020 20:00Feb. 202035.74650below
31 Jan 2020 20:00Jan. 2020505050.2in line
31 Dec 2019 20:00Dec. 201950.250.150.2above
30 Nov 2019 20:00Nov. 201950.249.549.3above
31 Oct 2019 21:00Oct. 201949.349.849.8below
30 Sept 2019 21:00Sep. 201949.849.549.5above
31 Aug 2019 21:00Aug. 201949.549.749.7below
31 Jul 2019 21:00Jul. 201949.749.649.4above
30 Jun 2019 21:00Jun. 201949.449.549.4below
31 May 2019 21:00May. 201949.449.950.1below
30 Apr 2019 21:00Apr. 201950.150.550.5below
31 Mar 2019 21:00Mar. 201950.549.549.2above
28 Feb 2019 20:00Feb. 201949.249.549.5below
31 Jan 2019 20:00Jan. 201949.549.349.4above
31 Dec 2018 20:00Dec. 201849.449.950below
30 Nov 2018 20:00Nov. 20185050.250.2below
31 Oct 2018 21:00Oct. 201850.250.650.8below
30 Sept 2018 21:00Sep. 201850.851.251.3below
31 Aug 2018 21:00Aug. 201851.35151.2above
31 Jul 2018 21:00Jul. 201851.251.351.5below
30 Jun 2018 21:00Jun. 201851.551.651.9below
31 May 2018 21:00May. 201851.951.351.4above
30 Apr 2018 21:00Apr. 201851.451.351.5above
31 Mar 2018 21:00Mar. 201851.550.550.3above
28 Feb 2018 20:00Feb. 201850.351.251.3below
31 Jan 2018 20:00Jan. 201851.351.551.6below
31 Dec 2017 20:00Dec. 201751.651.651.8in line
30 Nov 2017 20:00Nov. 201751.851.451.6above
31 Oct 2017 21:00Oct. 201751.65252.4below
30 Sept 2017 21:00Sep. 201752.451.551.7above
31 Aug 2017 21:00Aug. 201751.751.351.4above
31 Jul 2017 21:00Jul. 201751.451.651.7below
30 Jun 2017 21:00Jun. 201751.75151.2above
31 May 2017 21:00May. 201751.25151.2above
30 Apr 2017 21:00Apr. 201751.251.651.8below
31 Mar 2017 21:00Mar. 201751.851.651.6above
1 Mar 2017 20:00Feb. 201751.651.151.3above
1 Feb 2017 20:00Jan. 201751.351.251.4above
1 Jan 2017 20:00Dec. 201651.451.551.7below
1 Dec 2016 20:00Nov. 201651.75151.2above

Next NBS Manufacturing PMI

Sunday, 29 November 202620:30 New York

Nov. 2026. Previous 49.3.

About

Measures
In China, the NBS Manufacturing Purchasing Manager Index measures the performance of the manufacturing sector and is derived from a survey of more large-scale, state-owned companies. The Manufacturing Purchasing Managers Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction.
Good for CNY
Actual higher than forecast
Released
Monthly
Category
Business
Source
National Bureau of Statistics

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Frequently asked questions

When is the next China NBS Manufacturing PMI release?

The next China NBS Manufacturing PMI is due Sunday, 29 November 2026 at 20:30 New York time (Nov. 2026).

What was the last China NBS Manufacturing PMI?

The last China NBS Manufacturing PMI (Oct. 2026, released 31 Oct 2026) came in at 49.3, below the 50 forecast; the previous reading was 50.1.

How often is China NBS Manufacturing PMI released?

China NBS Manufacturing PMI is released monthly by National Bureau of Statistics. CRTLAB has 131 releases on record since 1 Jan 2016.

Does China NBS Manufacturing PMI usually beat the forecast?

Since 2016, China NBS Manufacturing PMI has come in above forecast 44% of the time and below 45% (131 releases with a forecast); over the last 12 it beat 42%.

What is the highest and lowest China NBS Manufacturing PMI since 2016?

The highest was 52.6 (Feb. 2023) and the lowest 35.7 (Feb. 2020). The five-year average is 49.64.

Is a higher China NBS Manufacturing PMI good for the CNY?

Usually yes: a reading above forecast is the good surprise for the CNY, and the bigger the surprise the bigger the move. On this page, green marks a release that was good for the CNY against its forecast, red one that was bad.

What does China NBS Manufacturing PMI measure?

In China, the NBS Manufacturing Purchasing Manager Index measures the performance of the manufacturing sector and is derived from a survey of more large-scale, state-owned companies. The Manufacturing Purchasing Managers Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction.

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