Activity & Production - Global - IHS Markit - Purchasing Manager Index
Published byalphacastinIHS Markit (IHS)
Last updated 2023-05-24
Dataset InformationData available from 2018-06-30 to 2023-05-24
- Source: IHS Markit
The Purchasing Managers' Index (PMI) is an index of the prevailing direction of economic trends in the manufacturing and service sectors. Purchasing Managers’ Index™ (PMI™) data are compiled by IHS Markit for more than 40 economies worldwide. The Purchasing Managers’ Index™ (PMI™) is a monthly survey-based indicator of business conditions, which includes individual measures (‘sub-indices’) of business output, new orders, employment, costs, selling prices, exports, purchasing activity, supplier performance, backlogs of orders and inventories of both inputs and finished goods, where applicable. The headline PMI is a number from 0 to 100. A PMI above 50 represents an expansion when compared with the previous month. A PMI reading under 50 represents a contraction, and a reading at 50 indicates no change. The further away from 50 the greater the level of change.
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