This is the official manufacturing PMI survey from National Bureau of Statistics & the China Federation of Logistics and Purchasing

Comes in at 51.7, a beat

  • expected 51.0
  • prior 51.2

The beat on this should be a positive input for the AUD.


We'll get the private survey manufacturing PMI from Caixin / Markit early next week. It's a different survey (generally speaking it includes more smaller firms & fewer of the big SEOs, so it gives a picture of a different part of the economy)