The Non-Manufacturing PMI measures the economic health of China's service sector and construction industries based on surveys of purchasing managers.
Releases at
03:00
Friday, October 30, 2026 at 03:00
This indicator provides insight into the performance of China's large service sector, which includes industries like retail, finance, and construction, making it a key gauge of domestic economic activity.
Investors and policymakers watch this release to assess demand trends and business conditions outside manufacturing, which can influence overall economic growth and inflation pressures.
Central banks may consider this data when setting monetary policy, as a strong or weak non-manufacturing sector impacts employment and consumer spending.
Signals expansion in the service sector, potentially boosting confidence in economic growth and supporting the local currency and equities.
Indicates contraction or slowdown in services, raising concerns about economic momentum and possibly weighing on the currency and stock markets.
Suggests steady conditions in the service sector, leading to limited market reaction.