S&P Global released China's October RatingDog Composite PMI on September 30, 2025. The reported value was 52.5, with no forecast provided; the previous value was also 52.5.Data Definition: The Purchasing Managers' Index (PMI) is a widely recognized macroeconomic indicator system used internationally for monitoring and forecasting national economic activity. It covers production and distribution, as well as both manufacturing and non-manufacturing sectors. Due to its rapid and straightforward survey methodology, PMI data exhibits shorter lag times compared to official statistics and offers comprehensive and instructive insights.Market Impact: A reported value above the forecast would be positive for the Australian dollar. The importance level of this data is rated at 2. The PMI survey tracks confidence levels among purchasing managers in manufacturing, construction, and/or service companies, with the composite confidence index generally calculated based on survey results in areas such as production, orders, inventories, employment, and prices. The data is released monthly, with the next publication scheduled for the following month.
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