China Macro Monitor

December 2025
Updated: January 21st, 2026

Purchasing Managers Index

PMI Manufacturing – RatingDog:

PMI Manufacturing – NBS:

PMI Services – RatingDog:

PMI Services – NBS:

PMI Emerging Industries:

Prices

Consumer Price Index:

Producer Price Index:

House Price:

Industry

Industrial Production:

Consumption

Retail Sales:

Retail Sales Online:

Investment

Fixed Assets Investment:

Real Estate Investment:

Trade

Exports:

Imports:

Trade Balance:

Growth

Gross Domestic Product – YoY:

Gross Domestic Product – QoQ:

Source: National Bureau of Statistics of China, General Administration of Customs of China, S&P Global, Chinese Academy of Science and Technology for Development