Business Sentiment (CNY)

Survey-based measure of business sentiment reflecting executive expectations for production, orders, and overall economic conditions.

Category: Economy

API Endpoint

/api/v1/announcements/cny/business_sentiment

About Business Sentiment (CNY)

Business sentiment for China aggregates firms' qualitative views on current business conditions, future orders, and the broader economic climate. It is closely related to business confidence surveys.

Why FX traders watch it

Sentiment surveys are timely, often released before official activity statistics, and can move markets in the week ahead of harder data. The People's Bank of China treats deteriorating business sentiment as a risk to its growth projections.

How to interpret the data

Improving sentiment is cny-positive as it signals firms plan to invest and hire. A sharp deterioration in sentiment typically foreshadows weaker activity data and can shift rate expectations toward easing.

Historical Business Sentiment (CNY)

Source: NBS/PBoC  ·  Monthly  ·  Index

Chart data not available. Access the full historical series via the API endpoint above.

Data provided by FXMacroData via the /api/v1/announcements/cny/business_sentiment endpoint. For access, see pricing.

Data Source

Primary Source

NBS/PBoC

Official Series ID

NBS PMI

Data Format and Properties

Data Frequency

Monthly

Unit of Measure

Index

JSON Response Structure

The endpoint returns a chronological list of observations in JSON format.

{
    "currency": "CNY",
    "indicator": "business_sentiment",
    "has_official_forecast": false,
    "start_date": "2023-01-01",
    "end_date": "2023-12-31",
    "data": [
        {
            "date": "2024-07-01",
            "val": 4.2,
            "announcement_datetime": 1722456000
        }
    ]
}

Request Parameters & Usage

Parameter Required Format Description
start_date NO YYYY-MM-DD Optional lower bound for the requested history.
end_date NO YYYY-MM-DD Optional upper bound. Defaults to the current date.
api_key CONDITIONAL string Required for non-USD announcement requests. USD announcement requests are public without an API key.

Example Usage

To retrieve Business Sentiment data for CNY from 2023:

GET https://fxmacrodata.com/api/v1/announcements/cny/business_sentiment?start_date=2023-01-01&end_date=2023-12-31&api_key=YOUR_API_KEY