South Korea Manufacturing PMI - Forecast

Manufacturing PMI in South Korea is expected to be 50.20 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 50.80 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 Q1/18 Q2/18 Q3/18 Q4/18 2020
Business Confidence 77 82 83 78.49 82 83
Manufacturing PMI 50.7 50.2 49.8 49.5 50.8 50.9
Industrial Production -6 3.8 3.1 1.93 4.6 2.5
Industrial Production Mom -0.5 0.61 0.1 0.61 1.2 1.7
Manufacturing Production -6.6 3.7 1.9 1.86 1.8 1.1
Capacity Utilization 114 114 114 114 114 114
New Orders 8651104 7116459 6643765 6343417 4400000 5110000
Changes in Inventories 1451 1944 2316 1929 1085 5030
Bankruptcies 44 41 45 181 48 58
Car Registrations 140284 145424 164434 118853 145000 155000
Leading Economic Index 134 135 133 136 136 146
Internet Speed 28554 25646 25086 24597 24186 21539
IP Addresses 25814048 25467875 25265363 25103683 24953949 23913005
Mining Production -10.3 2.8 -1.5 -2.99 2.75 4.7
Steel Production 6124 6200 5730 5948 6220 6410
Cement Production 5221 5700 6400 4544 6280 6540
Ease of Doing Business 4 5 4 6 4 3
Electricity Production 23354 22961 23878 22839 23000 24300
Car Production 4114913 4092322 4123685 4155049 4186413 4005480
Coincident Index 127 127 127 127 127 126
Competitiveness Index 5.07 5.05 5.05 5.05 5.1 5.3
Competitiveness Rank 26 24 24 24 24 21
Corruption Index 53 63 63 54 63 68
Corruption Rank 52 33 33 50 33 30