Where can I find PMI index?
The PMI index is usually published once a month. Generally speaking, the PMI value of last month will be published every month as 1. It was jointly completed by the National Bureau of Statistics and China Federation of Logistics and Purchasing. You can go to official website to find it. And because these data can reflect the overall operation of the economy, everyone is very concerned about these data, so they can generally be queried on major financial portals.
(Source: National Bureau of Statistics)
As an investor, PMI index is actually a good weather vane for us. Under normal circumstances, everyone takes 50% as the dividing line of PMI index. If the data is higher than 50%, it means that the economic development is increasing, on the contrary, it means that the economic situation may be declining. Generally speaking, for the economy, a higher PMI index is better.
However, this index can only be used as a reference indicator. We can't judge the economic environment of the market only by the level of PMI index, and the impact on the stock market is still relatively small. It is better for everyone to maintain a reasonable attitude towards the index.