{"id":188951,"date":"2025-08-31T07:22:09","date_gmt":"2025-08-31T07:22:09","guid":{"rendered":"https:\/\/www.europesays.com\/us\/188951\/"},"modified":"2025-08-31T07:22:09","modified_gmt":"2025-08-31T07:22:09","slug":"china-manufacturing-pmi-august-2025-49-4-expected-49-5-services-50-3-expected-50-3","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/188951\/","title":{"rendered":"China Manufacturing PMI (August 2025) 49.4 (expected 49.5) Services 50.3 (expected 50.3)"},"content":{"rendered":"<p data-v-4026719d=\"\">These Chinese PMIs come from the National Bureau of Statistics (NBS) and the China Federation of Logistics and Purchasing (CFLP).<\/p>\n<p data-v-4026719d=\"\">For August 2025:<\/p>\n<p data-v-4026719d=\"\">Manufacturing PMI 49.4, a slight miss<\/p>\n<ul data-v-4026719d=\"\">\n<li data-v-4026719d=\"\">expected 49.5, prior 49.3<\/li>\n<li data-v-4026719d=\"\">this is the fifth consecutive month in contraction for the official manufacturing PMI<\/li>\n<li data-v-4026719d=\"\">domestic demand remains disappointing, weighed down by factors such as\n<ul data-v-4026719d=\"\">\n<li data-v-4026719d=\"\">the heavily indebted property sector and falling or, at best, flat prices for homes<\/li>\n<li data-v-4026719d=\"\">US tariffs hitting exports<\/li>\n<li data-v-4026719d=\"\">local government debt <\/li>\n<li data-v-4026719d=\"\">recent extreme weather\/flooding<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p data-v-4026719d=\"\">Non-Manufacturing (includes services and construction) PMI 50.3, in line with central estimates and a jump from July<\/p>\n<ul data-v-4026719d=\"\">\n<li data-v-4026719d=\"\">expected 50.3, prior 50.1<\/li>\n<\/ul>\n<p data-v-4026719d=\"\">Composite 50.5<\/p>\n<p data-v-4026719d=\"\">&#8212;<\/p>\n<p data-v-4026719d=\"\">Over the next few days we&#8217;ll get the &#8216;unofficial&#8217; Caixin\/S&amp;P manufacturing (on Monday September 1) and non-manufacturing (on Wednesday September 3) PMIs for August.<\/p>\n<p data-v-4026719d=\"\">more to come<\/p>\n<p data-v-4026719d=\"\">&#8212;<\/p>\n<p data-v-4026719d=\"\">Earlier big news:<\/p>\n<p data-v-4026719d=\"\">The legal fight is not over (see the post) but perhaps China will just wait it out on tariffs. <\/p>\n","protected":false},"excerpt":{"rendered":"These Chinese PMIs come from the National Bureau of Statistics (NBS) and the China Federation of Logistics and&hellip;\n","protected":false},"author":3,"featured_media":121110,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[64,105751,79,67,132,68],"class_list":{"0":"post-188951","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-china-manufacturing-pmi-services","10":"tag-economy","11":"tag-united-states","12":"tag-unitedstates","13":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115122179121992601","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/188951","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=188951"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/188951\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/121110"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=188951"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=188951"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=188951"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}