China’s Official Manufacturing PMI for September: Modest Recovery in Economic Confidence

The China Federation of Logistics and Purchasing released the official Manufacturing Purchasing Managers’ Index (PMI) for September on August 31, 2025. The reported figure was 49.7, compared to a forecast of 49.4 and a previous reading of 49.4.Data Definition: This index, published monthly by the China Federation of Logistics and Purchasing, is a composite measure of manufacturing activity encompassing indicators such as new orders, output, and employment. It serves as a key leading indicator of overall economic health. In terms of market impact, an actual figure above expectations is typically interpreted as supportive for the Australian dollar.The data carries an importance rating of 3. It is calculated based on survey responses from purchasing managers in the manufacturing sector to assess the level of market expansion or contraction. The index is released monthly, with the next publication scheduled for October 31, 2025.

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