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Philippines Nikkei Manufacturing PMI

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Philippines Nikkei Manufacturing PMI

Frequency

Delivery Method

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Status

 
Latest Release
Dec 02, 2024
Actual
53.8
Previous
52.9
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
Philippines Nikkei Manufacturing PMI
 
Release Date Time Actual Forecast Previous
Dec 02, 2024 (Nov) 00:30 53.8   52.9
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

Analysis

Philippines Nikkei Manufacturing PMI Discussion

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