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

The Nikkei Manufacturing PMI for South Korea dropped to 49.2 in May of 2017 from 49.4 in April. It was the tenth straight month of decline in factory activity, as output fell the most since November 2016 and new orders contracted for the twelfth straight month. Also, new export orders and employment declined at faster paces and buying activity continued to fall. In a more positive note, business sentiment strengthened to a 13-month high while there was a modest drop in input costs following a period of rapid inflation. In addition, output charges declined for the first time since last November. 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 82.00 83.00 119.00 35.00 [+]
Manufacturing PMI 49.20 49.40 52.60 45.70 [+]
Industrial Production 1.70 3.30 38.80 -25.30 percent [+]
Industrial Production Mom -2.20 1.20 11.00 -11.00 percent [+]
Manufacturing Production 1.70 3.40 41.60 -26.70 percent [+]
Capacity Utilization 113.30 113.40 113.60 4.20 Index Points [+]
New Orders 6728762.00 6147026.00 14895263.00 93961.00 KRW Million [+]
Changes in Inventories -980.90 -1441.30 13533.70 -15359.30 KRW Billion [+]
Bankruptcies 44.00 47.00 3377.00 30.00 Companies [+]
Car Registrations 126641.00 128618.00 155971.00 49944.00 Cars [+]
Leading Economic Index 130.30 129.60 130.30 5.20 Index Points [+]
Mining Production -9.10 -3.60 43.10 -36.00 percent [+]
Steel Production 5481.24 6100.00 6405.68 650.00 Thousand Tonnes [+]
Cement Production 5869.00 5804.00 6134.00 1726.00 Thousands of Tonnes [+]
Coincident Index 125.10 124.70 131.00 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 22598.09 23499.07 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 June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
49.20 49.40 52.60 45.70 2011 - 2017 Monthly



manufacturing pmi by Country

Last
Australia 54.80 May/17
Brazil 52.00 May/17
Canada 55.10 May/17
China 49.60 May/17
Euro Area 57.30 Jun/17
France 55.00 Jun/17
Germany 59.30 Jun/17
India 51.60 May/17
Indonesia 50.60 May/17
Italy 55.10 May/17
Japan 52.00 Jun/17
Mexico 51.20 May/17
Netherlands 57.60 May/17
Russia 52.40 May/17
South Korea 49.20 May/17
Spain 55.40 May/17
Switzerland 55.60 May/17
Turkey 53.50 May/17
United Kingdom 56.70 May/17
United States 52.10 Jun/17