China’s manufacturing purchasing managers’ index was 49.3 in October, down 0.8 percentage points from September, with the production index falling 1.9 points to 49.8 and the new order index falling 1.1 points to 49.4, the National Bureau of Statistics said. Large enterprises held just above the threshold at 50.2, down 0.4 points, while medium enterprises fell to 48.4 and small enterprises to 47.5. The non-manufacturing business activity index fell 0.5 points to 49.7, led by construction at 48.0, down 2.3 points, and the composite PMI output index fell 1.0 point to 49.7.
China official factory PMI falls to 49.3 in October
China's official manufacturing PMI fell to 49.3 in October from 50.1 in September, below the 50 threshold, as production and new orders both slipped into contraction, the National Bureau of Statistics said.
Why it matters: The official survey puts factory activity back in contraction at the start of the fourth quarter, in contrast with the private RatingDog survey at 52.0, and the weakness was led by medium and small firms while large enterprises stayed just above 50.
Data as of National Bureau of Statistics of China, Purchasing Managers' Index for October 2026, English release dated November 3, 2026 (Beijing time), read in full in this run; every figure is the bureau's own. Developing item.
Sources
- Purchasing Managers' Index for October 2026 - National Bureau of Statistics of China - 2026-11-03