S&P Global released China’s September RatingDog Composite PMI on September 3, 2025. The reported value was 51.9; no forecast was provided, and the previous reading was also 51.9.Definition: The Purchasing Managers’ Index (PMI) is one of the internationally recognized macroeconomic monitoring indicators. It plays a significant role in tracking and forecasting national economic activity, covering areas such as production, distribution, manufacturing, and non-manufacturing sectors. Due to its rapid and straightforward survey methodology, the PMI has a shorter reporting lag compared to official statistics, while also offering comprehensive and instructive insights.Market Impact: A reading above the forecast is typically viewed as positive for the Australian dollar. This data is assigned an importance level of 2. The statistical method is based on surveys of confidence levels among purchasing managers in the manufacturing, construction, and services sectors. The data is released monthly; the next release is scheduled for November 5, 2025.
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