Heads up for Chinese data to be published over the weekend – official PMIs for December

On Saturday, December 31, 2022, China’s National Bureau of Statistics (NBS) and China Federation of Logistics and Purchasing (CFLP) will release their December PMIs. , The December results are likely to show the negative effects of the rise in COVID-19 cases in China as the country embraced the reopening. China pmi Dec 2022 Composite was 7.1 Based on these „expected” results, this is just a small sample study. I hope both results remain in the contraction. Also, while you’re here, Asian business is minor this coming Monday, January 2nd. It’s New Year’s Day in all major currency centers and in China. markets from Japan, Singapore, Hong Kong, Australia and New Zealand are all closed.

Steve Walker

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