MNI China Business Sentiment Indicator

The MNI China business sentiment index rose to 54.5 in June of 2016 from 50.0 in May. It was the highest reading since October 2015 as an increase in new orders offset a decline in output. At the same time,the interest rate companies paid plunged, leaving the Interest Rates Paid Indicator back at the historically low level reached earlier in the year while the Availability of Credit Indicator fell. “June’s pickup in business sentiment could be a sign that the more expansive policies adopted by the
authorities since the beginning of the year are starting to feed through more prominently. Still, confidence over Q2 as a whole was only slightly higher than in Q1, with activity still at a historically low level”, said Philip Uglow, Chief Economist of MNI Indicators. Mni Business Sentiment in China averaged 57.92 from 2007 until 2016, reaching an all time high of 77.20 in May of 2010 and a record low of 38.70 in December of 2008. Mni Business Sentiment in China is reported by the MNI Deutsche Börse Group. The MNI China Business Sentiment survey is a monthly poll of Chinese business executives at a mix of manufacturing and service sector companies listed on both the Shanghai and Shenzhen stock exchanges. The survey provides the first monthly snapshot of economic and business conditions, ahead of official data and other business confidence data in China. Respondents are asked their opinion on whether a particular business activity has increased, decreased remained the same compared with the previous month as well as their expectations for three months ahead. E.g. Is Production Higher/Same/Lower compared with a month ago? A diffusion indicator is then calculated by adding the percentage share of positive responses to half the percentage of those respondents reporting no change. An indicator reading above 50 shows expansion, below 50 indicates contraction and a result of 50 means no change. Series which show a seasonal pattern are seasonally adjusted. This page provides – China Mni Business Sentiment- actual values, historical data, forecast, chart, statistics, economic calendar and news.