In October 2024, in Asia, the manufacturing purchasing managers' index (PMI) in India was 57.5. In comparison, South Korea's manufacturing PMI at that time was 48.3.
Manufacturing purchasing managers’ index (PMI) in Asia from January to October 2024, by select country or territory
The manufacturing purchasing managers' index (PMI) is a key economic indicator that measures the activity level of the manufacturing sector in a specific region or country. It is derived from surveys conducted among purchasing managers in manufacturing businesses. These managers are responsible for acquiring goods and services for production, making their insights crucial for gauging economic conditions. The index is based on key areas of manufacturing activity, such as new orders, production output, employment, supplier delivery times, and inventory levels.
PMI above 50 indicates expansion.
PMI below 50 indicates contraction.
PMI equal to 50 equal to no change in manufacturing activity from the previous month.
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Asian Development Bank. (December 31, 2024). Manufacturing purchasing managers’ index (PMI) in Asia from January to October 2024, by select country or territory [Graph]. In Statista. Retrieved February 13, 2025, from https://www.statista.com/statistics/1301033/apac-pmi-developing-asian-economies-by-country-or-territory/?__sso_cookie_checker=failed
Asian Development Bank. "Manufacturing purchasing managers’ index (PMI) in Asia from January to October 2024, by select country or territory ." Chart. December 31, 2024. Statista. Accessed February 13, 2025. https://www.statista.com/statistics/1301033/apac-pmi-developing-asian-economies-by-country-or-territory/?__sso_cookie_checker=failed
Asian Development Bank. (2024). Manufacturing purchasing managers’ index (PMI) in Asia from January to October 2024, by select country or territory . Statista. Statista Inc.. Accessed: February 13, 2025. https://www.statista.com/statistics/1301033/apac-pmi-developing-asian-economies-by-country-or-territory/?__sso_cookie_checker=failed
Asian Development Bank. "Manufacturing Purchasing Managers’ Index (Pmi) in Asia from January to October 2024, by Select Country or Territory ." Statista, Statista Inc., 31 Dec 2024, https://www.statista.com/statistics/1301033/apac-pmi-developing-asian-economies-by-country-or-territory/?__sso_cookie_checker=failed
Asian Development Bank, Manufacturing purchasing managers’ index (PMI) in Asia from January to October 2024, by select country or territory Statista, https://www.statista.com/statistics/1301033/apac-pmi-developing-asian-economies-by-country-or-territory/?__sso_cookie_checker=failed (last visited February 13, 2025)
Manufacturing purchasing managers’ index (PMI) in Asia from January to October 2024, by select country or territory [Graph], Asian Development Bank, December 31, 2024. [Online]. Available: https://www.statista.com/statistics/1301033/apac-pmi-developing-asian-economies-by-country-or-territory/?__sso_cookie_checker=failed