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China's official PMIs fall below 50 in October

The official manufacturing PMI fell to 49.3 in October from 50.1, and the non-manufacturing index fell to 49.7. Both are below the 50 mark that separates expansion from contraction.

By FTC Editorial TeamPublished 1 min read

China's National Bureau of Statistics reported that the purchasing managers' index for manufacturing was 49.3% in October 2026, down 0.8 percentage points from September. The non-manufacturing business activity index was 49.7%, down 0.5 points ([NBS release, October 2026 PMI](http://www.stats.gov.cn/english/PressRelease/202611/t20261103_1965735.html)).

China's official PMIs fall below 50 in October — risk-reward diagram
A risk-reward ratio of 1 to 2

Key figures

  • Manufacturing PMI, October: 49.3%, below 50
  • Non-manufacturing business activity index, October: 49.7%, below 50
China's official PMIs fall below 50 in October — candlestick anatomy diagram
The parts of a candlestick: wick, body, open and close

Both readings are below the 50 threshold. The previous month's official manufacturing reading is in China's official PMIs return above 50 in September. For the China data already published this week, see China's industrial output rises 5.5% in September.

Sources

  1. National Bureau of Statistics of China: Purchasing Managers' Index for October 2026

Common questions

What was China's official manufacturing PMI in October 2026?

49.3%, down 0.8 percentage points from September, according to the National Bureau of Statistics.

What was the non-manufacturing PMI in October 2026?

49.7%, down 0.5 percentage points from September.

This article is for information only and is not financial advice. Trading forex and CFDs carries a high risk of losing money. Read the risk warning. Spotted an error? Tell the editors.

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