South Korea Manufacturing PMI  2011-2017 | Data | Chart | Calendar

The Nikkei Manufacturing PMI in South Korea came in at 49.2 in February of 2017, up from 49.0 in January. It was the seventh straight month of contraction, as output contracted the least since August 2016 amid weakening business sentiment while new orders fell the most in three months. Also new export orders declined again following a two-month period of growth and employment dropped for a sixth month in a row. Meantime, firms continued to lower their buying activity and maintained their stock reduction policies as both pre- and post-production inventories fell. Manufacturing PMI in South Korea averaged 49.36 from 2011 until 2017, reaching an all time high of 52.60 in April of 2013 and a record low of 45.70 in September of 2012. Manufacturing PMI in South Korea is reported by Markit Economics.

South Korea Manufacturing PMI
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South Korea Business Last Previous Highest Lowest Unit
Business Confidence 76.00 75.00 119.00 35.00 [+]
Manufacturing PMI 49.20 49.00 52.60 45.70 [+]
Industrial Production 1.70 4.20 38.80 -25.30 percent [+]
Industrial Production Mom 3.30 -0.50 11.00 -11.00 percent [+]
Manufacturing Production 2.00 4.40 41.60 -26.70 percent [+]
Capacity Utilization 113.60 113.00 113.60 4.20 Index Points [+]
New Orders 4888296.00 10061014.00 14895263.00 93961.00 KRW Million [+]
Changes in Inventories -1573.00 -2961.40 13533.70 -15359.30 KRW Billion [+]
Bankruptcies 48.00 42.00 3377.00 30.00 Companies [+]
Car Registrations 112488.00 154361.00 155971.00 49944.00 Cars [+]
Leading Economic Index 128.60 128.80 128.80 5.20 Index Points [+]
Mining Production -1.30 13.90 43.10 -36.00 percent [+]
Steel Production 5507.95 5860.00 6405.68 650.00 Thousand Tonnes [+]
Cement Production 4385.00 5749.00 6134.00 1726.00 Thousands of Tonnes [+]
Coincident Index 123.80 123.30 131.00 5.40 Index Points [+]
Competitiveness Index 5.03 4.99 5.39 4.93 Points [+]
Competitiveness Rank 26.00 26.00 26.00 11.00 [+]
Ease of Doing Business 5.00 4.00 23.00 4.00 [+]
Electricity Production 23520.57 23580.32 23580.32 13859.99 Gigawatt-hour [+]
Corruption Index 53.00 56.00 56.00 38.00 Points [+]
Corruption Rank 52.00 37.00 52.00 27.00 [+]



South Korea Manufacturing PMI Notes

The Nikkei South Korea Manufacturing Purchasing Managers’ Index measures the performance of the manufacturing sector and is derived from a survey of 400 manufacturing companies. The Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change. This page provides the latest reported value for - South Korea Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. South Korea Manufacturing PMI - actual data, historical chart and calendar of releases - was last updated on March of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
49.20 49.00 52.60 45.70 2011 - 2017 Monthly



Last
Australia 59.30 Feb/17
Austria 57.20 Feb/17
Brazil 46.90 Feb/17
Canada 54.70 Feb/17
China 51.70 Feb/17
Czech Republic 57.60 Feb/17
Denmark 57.32 Feb/17
Egypt 46.70 Feb/17
Euro Area 56.20 Mar/17
France 53.40 Mar/17
Germany 58.30 Mar/17
Greece 47.70 Feb/17
Hong Kong 49.60 Feb/17
Hungary 59.50 Feb/17
India 50.70 Feb/17
Indonesia 49.30 Feb/17
Ireland 53.80 Feb/17
Israel 61.20 Feb/17
Italy 55.00 Feb/17
Japan 52.60 Mar/17
Kenya 50.10 Feb/17
Lebanon 47.70 Feb/17
Malaysia 49.40 Feb/17
Mexico 50.60 Feb/17
Myanmar 51.90 Feb/17
Netherlands 58.30 Feb/17
New Zealand 55.20 Feb/17
Nigeria 44.60 Feb/17
Norway 52.60 Feb/17
Philippines 53.60 Feb/17
Poland 54.20 Feb/17
Puerto Rico 46.10 Dec/16
Russia 52.50 Feb/17
Saudi Arabia 57.00 Feb/17
Singapore 50.90 Feb/17
South Africa 52.50 Feb/17
South Korea 49.20 Feb/17
Spain 54.80 Feb/17
Sri Lanka 57.10 Feb/17
Sweden 60.90 Feb/17
Switzerland 57.80 Feb/17
Taiwan 54.50 Feb/17
Thailand 50.60 Feb/17
Turkey 49.70 Feb/17
United Arab Emirates 56.00 Feb/17
United Kingdom 54.60 Feb/17
United States 53.40 Mar/17
Vietnam 54.20 Feb/17
World 50.90 Jan/16