South Korea Nikkei Manufacturing Purchasing Managers Index (PMI)

KRW
Actual
49.4
Previous
49.8
Latest Release
May 02, 2024
Importance
Source
HSBC
Overview
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.
Historical Data
Release Date
Time
Actual
Forecast
Previous
May 02, 2024 (Apr) 06:00 49.4 -
49.8
Apr 01, 2024 (Mar) 06:00 49.8 -
50.7
Mar 04, 2024 (Feb) 06:00 50.7 -
51.2
Feb 01, 2024 (Jan) 06:00 51.2 -
49.9
Jan 02, 2024 (Dec) 06:00 49.9 -
50.0
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