China NBS Non-Manufacturing PMI registered at 49.5, below expectations (49.8) in February

Mar 4, 2026

China NBS Manufacturing PMI below expectations (49.1) in February: Actual (49)

China's NBS Manufacturing PMI declines to 49.0 in February, Non-Manufacturing PMI rises to 49.5

China’s official Manufacturing Purchasing Managers' Index (PMI) eases to 49.0 in February, compared to 49.3 in the previous reading. The reading came in below the market consensus of 49.1 in the reported month.