China September Composite PMI: Data Release and Prior Comparison

On August 31, 2025, the National Bureau of Statistics released China's Composite PMI for September. The actual and forecast values were not provided; the reference prior value was 50.5.Definition: The Composite PMI Output Index is a comprehensive indicator reflecting changes in overall industry output (including both manufacturing and non-manufacturing sectors) for the current period. Market impact: Not specified.This indicator carries an importance level of 2. The statistical methodology follows internationally recognized standards, combining the Manufacturing Production Index and the Non-Manufacturing Business Activity Index using a weighted sum. The weights are calculated based on the respective shares of manufacturing and non-manufacturing sectors in GDP. The data is released monthly, with the next publication scheduled for October 31, 2025.

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