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South Korea Manufacturing Purchasing Managers Index (PMI)

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South Korea Manufacturing Purchasing Managers Index (PMI)

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Delivery Method

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Status

 
Latest Release
Dec 02, 2024
Actual
50.6
Previous
48.3
The PMI index measures the activity level of purchasing managers in the manufacturing sector. A reading above 50 indicates expansion in the sector; below indicates contraction. Traders watch these surveys closely as purchasing managers usually have early access to data about their company’s performance, which can be a leading indicator of overall economic performance.
A higher than expected reading should be taken as positive/bullish for the KRW , while a lower than expected reading should be taken as negative/bearish for the KRW.
Importance:
Country:
Currency: KRW
Source: HSBC
South Korea Manufacturing Purchasing Managers Index (PMI)
 
Release Date Time Actual Forecast Previous
Dec 01, 2024 (Nov) 19:30 50.6   48.3
Oct 31, 2024 (Oct) 19:30 48.3   48.3
Oct 01, 2024 (Sep) 19:30 48.3   51.9
Sep 01, 2024 (Aug) 19:30 51.9   51.4
Jul 31, 2024 (Jul) 19:30 51.4   52.0
Jun 30, 2024 (Jun) 19:30 52.0   51.6

News

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Investing.com-- Most Asian currencies kept to a tight range on Friday, while the dollar rebounded from 3-½ month lows in anticipation of more cues on interest rates from Federal Reserve Chair Jerome...

Analysis

S&P Global South Korea Manufacturing PMI Discussion

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