Following is the September HSBC South Korea Manufacturing PMI as compiled by Markit Economics.
The HSBC South Korea PMI is designed to provide a single figure snap-shot for South Korea’s economy. It is based on a survey of over 400 purchasing executives and is designed to provide the most up-to-date picture of business conditions in the South Korea private sector.
Anything above 50 indicates expansion; below 50, a contraction. The greater the divergence from 50, the greater the rate of change.
============================================================ Sept. Aug. July June May April 2013 2013 2013 2013 2013 2013 ============================================================ Manufacturing PMI 49.7 47.5 47.2 49.4 51.1 52.6 MoM Level Change 2.2 0.3 -2.2 -1.7 -1.5 0.6 3-Month Average 48.1 48.0 49.2 51.0 51.9 51.8 ============================================================ Note 1: The PMI series, which includes South Korea, is one of the most closely watched business surveys in the world. It provides up-to-date, accurate and often unique monthly indicators of economic trends. Note 2: Month-on-month level change and 3-month average calculated by Bloomberg. Source: HSBC, Markit Economics