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Data from Financial Modeling Prep. Forecasts by Sigmanomics Forecast Engine.
South KoreaMarkit Manufacturing PMI climbed to 51.2 in October 2020
Financial Modeling PrepMonthlyReleased November 2020
Markit Manufacturing PMI climbed to 51.2 in October 2020, up 1.4 from September's 49.8 reading. The reading matched the 48.8 consensus. The print is running well above the 12-month average of 46.69. Over the past 3 months, Markit Manufacturing PMI averaged 49.82, vs 43.96 in the prior 3-month window. Markit Manufacturing PMI is now the highest in 15 months.
Latest Release
51.2
Actual
48.8
Consensus
49.8
Previous
The November 2020 reading rose from the previous value of 49.8. Historically, this indicator is negatively correlated with USD/KRW (Bullish KRW) and positively correlated with KOSPI (Bullish KR).
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Markit Manufacturing PMI - KR
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