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

The Nikkei Manufacturing PMI for South Korea decreased to 48.4 in March of 2017 compared to 49.2 in the previous month as falls in production led to the fastest job cuts since late 2008. The result was driven by deteriorating order books and waning business confidence. New orders fell for the 10th straight month and new export orders fell for a second month in a row amid reports that sales to China had suffered in the face of political tensions. On the price front, supply-side shortages drove cost inflation during March. Although manufacturers were overall optimistic, this optimism was the lowest in 3 months amid worries about the future performance of the South Korean economy. Manufacturing PMI in South Korea averaged 49.35 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 79.00 76.00 119.00 35.00 [+]
Manufacturing PMI 48.40 49.20 52.60 45.70 [+]
Industrial Production 6.60 1.40 38.80 -25.30 percent [+]
Industrial Production Mom -3.40 2.90 11.00 -11.00 percent [+]
Manufacturing Production 7.00 1.50 41.60 -26.70 percent [+]
Capacity Utilization 113.40 113.60 113.60 4.20 Index Points [+]
New Orders 5285646.00 4888296.00 14895263.00 93961.00 KRW Million [+]
Changes in Inventories -1441.30 -1692.10 13533.70 -15359.30 KRW Billion [+]
Bankruptcies 46.00 48.00 3377.00 30.00 Companies [+]
Car Registrations 138900.00 112488.00 155971.00 49944.00 Cars [+]
Leading Economic Index 129.30 128.60 129.30 5.20 Index Points [+]
Mining Production 4.60 -6.70 43.10 -36.00 percent [+]
Steel Production 5507.95 5860.00 6405.68 650.00 Thousand Tonnes [+]
Cement Production 3886.00 4385.00 6134.00 1726.00 Thousands of Tonnes [+]
Coincident Index 124.20 123.80 131.00 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 22442.36 23520.57 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 April of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
48.40 49.20 52.60 45.70 2011 - 2017 Monthly



Last
Australia 57.50 Mar/17
Austria 56.80 Mar/17
Brazil 49.60 Mar/17
Canada 55.50 Mar/17
China 51.20 Mar/17
Czech Republic 57.50 Mar/17
Denmark 57.20 Mar/17
Egypt 45.90 Mar/17
Euro Area 56.80 Apr/17
France 55.10 Apr/17
Germany 58.20 Apr/17
Greece 46.70 Mar/17
Hong Kong 49.90 Mar/17
Hungary 56.00 Mar/17
India 52.50 Mar/17
Indonesia 50.50 Mar/17
Ireland 53.60 Mar/17
Israel 54.80 Mar/17
Italy 55.70 Mar/17
Japan 52.80 Apr/17
Kenya 48.50 Mar/17
Lebanon 46.90 Mar/17
Malaysia 49.50 Mar/17
Mexico 51.50 Mar/17
Myanmar 53.10 Mar/17
Netherlands 57.80 Mar/17
New Zealand 57.80 Mar/17
Nigeria 47.70 Mar/17
Norway 54.70 Mar/17
Philippines 53.80 Mar/17
Poland 53.50 Mar/17
Puerto Rico 46.10 Dec/16
Russia 52.40 Mar/17
Saudi Arabia 56.40 Mar/17
Singapore 51.20 Mar/17
South Africa 52.20 Mar/17
South Korea 48.40 Mar/17
Spain 53.90 Mar/17
Sri Lanka 66.50 Mar/17
Sweden 65.20 Mar/17
Switzerland 58.60 Mar/17
Taiwan 56.20 Mar/17
Thailand 50.20 Mar/17
Turkey 52.30 Mar/17
United Arab Emirates 56.20 Mar/17
United Kingdom 54.20 Mar/17
United States 52.80 Apr/17
Vietnam 54.60 Mar/17
World 50.90 Jan/16