South Korea Manufacturing PMI - Forecast

Manufacturing PMI in South Korea is expected to be 49.80 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing PMI in South Korea to stand at 51.00 in 12 months time. In the long-term, the South Korea Manufacturing PMI is projected to trend around 50.90 in 2020, according to our econometric models.


South Korea Manufacturing PMI
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South Korea Business Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Business Confidence 77 83 73.29 82 73.11 83
Manufacturing PMI 48.4 49.8 49.5 50.8 51 50.9
Industrial Production -4.3 3.1 -2.42 4.6 -2.53 2.5
Industrial Production Mom -2.5 0.1 0.35 1.2 0.35 1.7
Manufacturing Production -4.7 1.9 1.75 1.8 0.63 1.1
Capacity Utilization 102 101 99.89 98.73 97.52 86.47
New Orders 8007114 6503908 6425229 4400000 6394898 5110000
Changes in Inventories 41.4 1351 -2884 1085 -2828 5030
Bankruptcies 50 45 37.53 48 37.67 58
Car Registrations 135936 164434 116051 145000 112498 155000
Leading Economic Index 112 133 87.13 136 82.03 146
Internet Speed 28554 27512 27602 27646 27643 27650
IP Addresses 25814048 25842160 25832626 25854401 25856443 25872530
Mining Production -10.3 -1.5 -3.68 2.75 -3.04 4.7
Steel Production 6095 5730 5779 6220 5798 6410
Cement Production 5221 6400 5181 6280 5244 6540
Ease of Doing Business 4 4 4 4 4 3
Electricity Production 23282 23878 24221 23000 24223 24300
Car Production 4114913 4114913 4114913 4114913 4114913 4114913
Coincident Index 109 106 104 103 102 89.98
Competitiveness Index 5.07 5.05 5.05 5.1 5.08 5.3
Competitiveness Rank 26 26 26 24 26 21
Corruption Index 54 63 54 63 54 68
Corruption Rank 51 33 51 33 51 30