Breaking News

Philippines Nikkei Manufacturing PMI

Latest Release

Nov 04, 2024

Actual

52.9

53.7

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 PHP, while a lower than expected reading should be taken as negative/bearish for the PHP.

Importance:

Country:

Currency: PHP

Source: Markit Economics

Release Date	Time	Actual	Previous
Nov 04, 2024 (Oct)	00:30	52.9	53.7
Oct 01, 2024 (Sep)	00:30	53.7	51.2
Sep 02, 2024 (Aug)	00:30	51.2	51.2
Aug 01, 2024 (Jul)	00:30	51.2	51.3
Jul 01, 2024 (Jun)	00:30	51.3	51.9
Jun 03, 2024 (May)	00:30	51.9	52.2

Analysis

Global Recovery Broadens Out To Asia As India Leads Manufacturing Rankings In September By Chris Williamson - Oct 30, 2020

Global manufacturing PMI at highest since August 2018 as production upturn reported in 25 of 31 countries surveyed Upturn led by India, followed by Brazil, Germany and the UK, but only China and...

Global Factories Report Fastest Output Growth For Nearly Two-And-A-Half Years By Chris Williamson - Sep 02, 2020

Global manufacturing PMI at highest since November 2018 as production upturn gathers momentum Upturn led by Brazil, UK and Germany China records best year-to-date performance Global trade shows signs...

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