The Nikkei South Korea Manufacturing PMI fell to 51.0 in October 2018 from 51.3 in the preceding month. Despite the weaker growth rate, factory activity expanded for the second consecutive month, as output and employment grew vigorously. New orders also increased albeit a weaker growth pace, while export sales continued to decline. On the prices front, the combined effect of climbing global raw material prices and the won’s depreciation squeezed manufacturers’ margins, with the latest rise in input prices still the softest seen across the current 15-month period of inflation. Meantime, business sentiment towards the coming year remained notably weak. 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 71.00 73.00 119.00 35.00 Index Points [+]
Manufacturing PMI 51.00 51.30 52.60 45.70 [+]
Industrial Production -8.40 1.00 39.40 -25.40 percent [+]
Industrial Production Mom -2.50 1.30 10.50 -10.70 percent [+]
Manufacturing Production -8.90 2.00 40.80 -26.60 percent [+]
Capacity Utilization 102.50 102.50 104.60 3.80 Index Points [+]
New Orders 9327988.00 5845174.00 14895263.00 93961.00 KRW Million [+]
Changes in Inventories -1354.20 179.10 13533.70 -15359.30 KRW Billion [+]
Bankruptcies 39.00 41.00 3377.00 26.00 Companies [+]
Car Registrations 131112.00 110234.00 155971.00 49944.00 [+]
Leading Economic Index 113.40 113.20 113.40 4.40 Index Points [+]
Internet Speed 28553.69 26116.23 29047.94 6992.81 KBps [+]
IP Addresses 25814048.00 25049894.00 25814048.00 13271570.00 IP [+]
Mining Production -13.80 -17.10 43.10 -36.00 percent [+]
Steel Production 5853.02 6096.93 6405.68 650.00 Thousand Tonnes [+]
Ease of Doing Business 5.00 4.00 23.00 4.00 [+]
Electricity Production 23308.81 24472.51 24724.60 13859.99 Gigawatt-hour [+]
Car Production 4114913.00 4228509.00 4657094.00 1954494.00 [+]
Coincident Index 109.20 109.20 109.20 4.30 Index Points [+]
Competitiveness Index 78.84 78.03 78.84 4.93 Points [+]
Competitiveness Rank 15.00 17.00 26.00 11.00 [+]
Corruption Index 54.00 53.00 56.00 38.00 Points [+]
Corruption Rank 51.00 52.00 52.00 27.00 [+]


South Korea Manufacturing PMI

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 November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
51.00 51.30 52.60 45.70 2011 - 2018 Monthly




Country Last
Australia 58.30 Oct/18
Brazil 51.10 Oct/18
Canada 53.90 Oct/18
China 50.10 Oct/18
Euro Area 52.00 Oct/18
France 51.20 Oct/18
Germany 52.20 Oct/18
India 53.10 Oct/18
Indonesia 50.50 Oct/18
Italy 49.20 Oct/18
Japan 52.90 Oct/18
Mexico 50.70 Oct/18
Netherlands 57.10 Oct/18
Russia 51.30 Oct/18
Saudi Arabia 53.80 Oct/18
Singapore 51.90 Oct/18
South Africa 42.40 Oct/18
South Korea 51.00 Oct/18
Spain 51.80 Oct/18
Switzerland 57.40 Oct/18
Turkey 44.30 Oct/18
United Kingdom 51.10 Oct/18
United States 55.70 Oct/18


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