Manufacturing Purchasing Managers' Index (PMI) in China by month March 2020

The statistic shows the Purchasing Managers' Index (PMI) in China until March 2020. In March 2020, the PMI resided at about 52.0 percent. An indicator of the economic health of the manufacturing sector, the Purchasing Managers' Index is based on five major indicators: new orders, inventory levels, production, supplier deliveries and the employment environment. An index value above 50 percent indicates a positive development in the industrial sector, whereas a value below 50 percent indicates a negative situation.

Purchasing Managers’ Index – additional information

The Purchasing Managers’ Index, or PMI, was first introduced by the US-based Institute of Supply Management in 1948. It has become one of the most widely used and closely watched indicators of business activities worldwide. The PMI is not only an apt indicator for manufacturing growth, it also supports interest rate decisions of central bank institutions.

In the Euro area, it was a rollercoaster of a year for the average PMI. The index had plunged below 50 points during H1 2019, indicating a decline in the manufacturing sector. In the United States, the monthly PMI had reached 47.2 percent in December 2019, a three-year-low.

As is shown in the graph at hand, the PMI of China as the world’s second-largest economy hovered between 49.2 and 50.5 index points during 2019, but fell considerably in February 2020 due to the coronavirus (COVID-19) pandemic. The non-manufacturing PMI in China experienced a similar development in the beginning of 2020.

Manufacturing Purchasing Managers' Index (PMI) in China from March 2018 to March 2020

Exclusive Premium statistic

You need a Single Account for unlimited access.

  • Full access to 1m statistics

  • Incl. source references

  • Available to download in PNG, PDF, XLS format

Single Account

only $59 / month *
*Duration: 12 months, billed annually, single license

Access to this and all other statistics on 80,000 topics from

$708 / Year

Show detailed source information?
Register for free
Already a member?
Log in

Release date

March 2020



Survey time period

March 2018 to March 2020

Special properties

seasonally adjusted

Statista Accounts: Access All Statistics. Starting from $708 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.
This statistic is not included in your account!

Single Account
Your perfect start with Statista
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references

$59 / Month *

Corporate Account
Full access

Corporate solution including all features.

* All products require an annual contract.
   Prices do not include sales tax.

Statistics on "Key economic indicators of China"

Statista Accounts: Access All Statistics. Starting from $708 / Year
Learn more about how Statista can support your business.