South Korea Manufacturing PMI

Manufacturing PMI in South Korea increased to 50.50 in June from 50.10 in May of 2016. Manufacturing PMI in South Korea averaged 49.44 from 2011 until 2016, 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. 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.