China's Caixin Manufacturing PMI for April
Caixin and research institution Markit announced the China's Caixin Manufacturing PMI for April on 2025-04-30. The reported figure stands at 50.4, against a forecast of 49.8, with the prior figure recorded as 51.2.
Regarding the China's Caixin Manufacturing PMI for April, Actual value > Expected value = Positive for AUD, The Caixin China Manufacturing Purchasing Managers' Index (PMI) is compiled jointly by Caixin and the British research company Markit Group Ltd. It is an indicator that measures the overall manufacturing conditions, employment, and price levels in China. It serves as a leading indicator of economic health; a reading above 50 indicates manufacturing expansion, which is favorable for the Australian dollar. Conversely, a reading below 50 indicates contraction in China's manufacturing sector, which is unfavorable for the Australian dollar.
This data holds an importance level of , calculated using Based on the Manufacturing Purchasing Managers' Survey, and updates Once a month.
This content is AI-generated.Please verify before use.
Disclaimer: The content related to future events does not represent Gate.io’s position, nor does it constitute any investment advice, nor is it an endorsement of any third parties.
Comment
Recommended Crypto
