Interpretation of Chicago Purchasing Managers' Price Index

What is the Chicago Purchasing Managers Price Index?

The purchasing managers' index measures the performance of the manufacturing industry in eight aspects: production, new orders, commodity prices, inventories, employees, orders delivered, new export orders and imports. The paid price index and the received price index in the index are also regarded as a reference for price indicators.

Why do investors pay attention to the Chicago PMI?

The market places more emphasis on the US Purchasing Managers Index, which is regarded as a health check of the US manufacturing industry. Before the official release of the US Purchasing Managers Index, the Chicago Purchasing Managers Index will be released first, which is part of the US data. The market usually anticipates the national Purchasing Managers Index based on the performance of Chicago Purchasing ManagersFXTWhen conducting correlation analysis, the index is also an important reference.

frequency

Monthly report, the last working day of each month to announce the data of the month. According to winter time, the announcement time is 23:00 Beijing time; summer time is 22:00 Beijing time.

importance

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