Purchasing Managers' Index (PMI) data from China's National Bureaus of Statistics and the China Federation of Logistics and Purchasing (CFLP)
Due at 0100 GMT on Sunday October 31
- Manufacturing PMI expected 49.7, prior 49.6
- Non-manufacturing PMI expected 52.9, prior 53.2
- Composite prior 51.7
Via ING, a quick preview:
- PMI readings could give an indication as to whether the global supply chain bottlenecks are beginning to feed into overall manufacturing activity.
- “China's official manufacturing PMI is expected to remain in contraction due to a lack of diesel for trucks which has disturbed delivery and construction activity”.
- Meanwhile, “the CAIXIN manufacturing PMI may see an improvement from small exporters’ manufacturing activity for the western holidays”.
ps. The Caixin, privately surveyed, PMIs follow from Monday next week
- Monday 0145 GMT brings the Manufacturing PMI, expected 50, prior 50
- Wednesday 0145 GMT brings the Non-manufacturing PMI, prior 53.4
