Composite PMI (CNY) comes in at 49.5

China’s Composite PMI was reported at 49.5 for August 2026, an increase from the previous reading of 49.3. No consensus figure was available for this economic release, so a comparison to market expectations cannot be made.

The USDCNH pair showed an initial reaction, rising by 6.3 pips five minutes after the data release, and then by 13 pips fifteen minutes after. One hour following the release, USDCNH was trading 37 pips lower. For context, the median one hour move for USDCNH after past Composite PMI releases has been 23 pips, with top quarter releases seeing moves of 27 pips or more. This historical data is based on 2 releases since 2015. Directional reliability statistics for this event are not yet available.