Worldwide Manufacturing Purchasing Managers' Indices (PMI) February 2014

by Eduardo Petazze
Mfg. Feb. 2014 Summary
Rate of change
Number of countries
negative unchange positive total
Expanding (PMI>50.09)
15
0
16
31
Stable (PMI~50.0)
0
0
2
2
Contracting (PMI<49.91)
2
0
4
6
Total
17
0
22
39
In February 2014, the global manufacturing activity continued to expand at a similar rate as in January 2014
Worldwide Manufacturing PMI (SA)
2011
2012
2013
2014 Feb14 vs. Jan14
weight
Reference links
Country
Jan Feb Jan Feb Jan Feb Jan Feb Chg. Direction
Rate of Chg
1.36%
Australian Industry Group
Australia
46.7 51.1 51.6 51.3 40.2 45.6 46.7 48.6 1.9 Contracting Slower
0.49%
Bank Austria
Austria
60.3 61.9 51.8 52.0 48.6 48.3 54.0 53.0 -1.0 Expanding Slower
3.31%
HSBC - Feb14 report
Brazil
53.1 54.6 50.6 51.4 53.2 52.5 50.8 50.4 -0.4 Expanding Slower
2.07%
See detail below
Canada
51.1 63.2 57.4 59.2 54.7 54.1 54.3 55.1 0.8 Expanding Faster
18.27%
See detail below
China
53.7 52.0 49.7 50.3 51.4 50.3 50.0 49.4 -0.6 Contracting from stable
0.39%
HSBC - Feb14 Reportt
Czech Rep. 60.5 59.8 48.8 50.5 48.3 49.9 55.9 56.5 0.6 Expanding Faster
0.29%
DILF
Denmark
62.2 64.9 53.2 53.2 55.7 61.1 56.5 56.0 -0.5 Expanding Slower
0.75%
HSBC - Feb14 Report
Egipt
50.4 46.0 45.0 46.0 48.7 50.0 1.3 Stable
3.10%
MARKIT
France
54.9 55.7 48.5 50.0 42.9 43.9 49.3 49.7 0.4 Contracting Slower
4.41%
MARKIT / BME
Germany
60.5 62.7 51.0 50.2 49.8 50.3 56.5 54.8 -1.7 Expanding Slower
0.36%
MARKIT
Greece
42.8 42.8 41.0 37.7 41.7 43.0 51.2 51.3 0.1 Expanding Unchange
0.52% HSBC composite - Feb14 Rep. Hong Kong 55.2 53.7 51.9 52.8 52.5 51.2 52.7 53.3 0.6 Expanding Faster
0.27%
MLBKT
Hungary
54.7 57.0 49.8 51.2 55.9 54.1 57.9 54.3 -3.6 Expanding Slower
6.78%
HSBC - Feb14 Report
India
56.8 57.9 57.5 56.6 53.2 54.2 51.4 52.5 1.1 Expanding Faster
1.75%
HSBC - Feb14 report
Indonesia
48.6 50.7 49.7 50.5 51.0 50.5 -0.5 Expanding Slower
0.26%
Investec
Ireland
55.8 56.7 48.3 49.7 50.3 51.5 52.8 52.9 0.1 Expanding Unchange
0.37%
IPLMA - Bank Hapoalim
Israel
58.5 48.0 36.3 44.5 49.3 53.6 49.5 50.0 0.5 Stable
2.47%
MARKIT / ADACI
Italy
56.6 59.0 46.8 47.8 47.8 45.8 53.1 52.3 -0.8 Expanding Slower
6.46%
MARKIT / JMMA
Japan
51.4 52.9 50.7 50.5 47.7 48.5 56.6 55.5 -1.1 Expanding Slower
2.27%
HSBC - Feb14 report
Korea
53.5 53.4 49.2 50.7 49.9 50.9 50.9 49.8 -1.1 Contracting from expanding
0.09% BLOMINVEST Bank - Report Lebanon
44.5 45.5 1.0 Contracting Slower
2.52%
See detail below
Mexico
53.1 53.4 52.5 52.9 53.0 52.6 52.3 51.7 -0.6 Expanding Slower
0.95%
NEVI
Netherlands 57.5 60.7 49.0 50.3 50.2 49.0 54.8 55.2 0.4 Expanding Faster
0.19% Business NZ - Jan14 Report N. Zealand 53.2 52.1 50.4 56.4 55.0 55.4 56.3 56.2 -0.0 Expanding Unchange
0.39%
NIMA - Feb14 eport
Norway
54.6 57.1 54.0 55.6 49.8 48.2 52.8 51.0 -1.8 Expanding Slower
1.11%
HSBC - Feb14 report
Poland
55.6 53.8 52.2 50.0 48.6 48.9 55.4 55.9 0.5 Expanding Faster
3.49%
HSBC - Feb14 Report
Russia
53.5 55.2 50.8 50.7 52.0 52.0 48.0 48.5 0.5 Contracting Slower
1.27% SABB HSBC - Feb14 Report S. Arabia
63.8 63.4 60.0 59.6 58.1 58.5 59.7 58.6 -1.1 Expanding Slower
0.46%
SIPMM
Singapore
50.5 52.3 48.7 50.4 50.2 49.4 50.5 50.9 0.4 Expanding Faster
0.81%
See detail below
S. Africa
52.8 51.3 52.6 53.6 49.6 51.9 50.1 51.6 1.5 Expanding Faster
1.90%
MARKIT
Spain
52.0 52.1 45.1 45.0 46.1 46.8 52.2 52.5 0.3 Expanding Faster
0.54%
SILF - Feb14 Report
Sweden
61.5 60.9 51.4 50.3 49.2 50.9 56.4 54.6 -1.8 Expanding Slower
0.51% SVME / CREDIT SUISSE Switzerland 59.9 62.2 47.8 48.9 52.4 50.3 56.1 57.6 1.5 Expanding Faster
1.27%
HSBC - Feb14 Report
Taiwan
59.8 55.8 48.9 52.7 51.5 50.2 55.5 54.7 -0.8 Expanding Slower
1.59%
HSBC - Feb14 Report
Turkey
57.2 58.5 51.7 49.6 54.0 53.5 52.7 53.4 0.7 Expanding Faster
0.37%
HSBC - Feb14 Report
UAE
54.2 54.3 52.4 52.0 55.0 55.4 57.1 57.3 0.2 Expanding Faster
3.25%
MARKIT / CIPS
UK
62.0 61.5 52.1 51.5 50.5 47.9 56.6 56.9 0.3 Expanding Faster
22.84%
See detail below
USA
58.5 60.4 55.0 55.3 52.8 53.1 53.7 54.1 0.4 Expanding Faster
0.49%
HSBC - Feb14 Report
Vietnam
48.6 48.0 50.1 48.3 52.1 51.0 -1.1 Expanding Slower
100%
Worldwide Mfg PMI
see Note
55.8 56.7 51.9 52.2 51.0 51.0 52.6 52.5 -0.1 Expanding Unchange
MARKIT
Euro area
57.3 59.0 48.8 49.0 47.9 47.9 54.0 53.2 -0.8 Expanding Slower
HSBC EMI (Composite)
Emerging
55.0 55.0 53.0 54.0 54.1 52.6 51.4 51.1 -0.3 Expanding Slower
JP Morgan
Global
57.2 57.4 51.3 51.2 51.4 50.9 53.0 53.3 0.3 Expanding Faster
More than one PMI survey
Country Jan Feb Jan Feb Jan Feb Jan Feb Chg. Direction
Rate of Chg
Markit / RBC - RBC release
55.4 55.5 50.6 51.8 50.5 57.1 51.7 52.9 1.2 Expanding Faster
IVEY
Canada
46.8 70.8 64.1 66.5 58.9 51.1 56.8 57.2 0.4 Expanding Faster
Canada average
51.1 63.2 57.4 59.2 54.7 54.1 54.3 55.1 0.8 Expanding Faster
CFLP - Stats (Chinese)
52.9 52.2 50.5 51.0 50.4 50.1 50.5 50.2 -0.3 Expanding Slower
HSBC - Feb14 report
China
54.5 51.7 48.8 49.6 52.3 50.4 49.5 48.5 -1.0 Contracting Faster
China average
53.7 52.0 49.7 50.3 51.4 50.3 50.0 49.4 -0.6 Contracting from stable
INEGI - SA data:
53.4 53.5 52.5 51.2 51.5 53.0 52.5 52.4 -0.1 Expanding Slower
IIEEM report - SA data:
52.8 53.3 53.0 53.7 52.5 51.5 50.4 50.8 0.5 Expanding Faster
Mexico
HSBC- Feb14 Report
52.1 53.8 55.0 53.4 54.0 52.0 -2.0 Expanding Slower
Mexico average
53.1 53.4 52.5 52.9 53.0 52.6 52.3 51.7 -0.6 Expanding Slower
BER-KAGISO -Feb14 -xls
52.8 51.3 52.5 54.0 48.9 52.3 49.9 51.7 1.8 Expanding from contracting
HSBC - Feb14 Report
S. Africa
52.6 53.3 50.3 51.5 50.3 51.5 1.2 Expanding Faster
S. Africa Average
52.8 51.3 52.6 53.6 49.6 51.9 50.1 51.6 1.5 Expanding Faster
US Regional PMI (see below)
57.9 61.5 55.7 57.0 50.3 51.9 56.1 52.1 -4.0 Expanding Slower
ISM Report On Business
59.0 59.3 52.8 52.4 52.3 53.1 51.3 53.2 1.9 Expanding Faster
USA
MARKIT
56.5 56.5 55.8 54.3 53.7 57.1 3.4 Expanding Faster
US average
58.5 60.4 55.0 55.3 52.8 53.1 53.7 54.1 0.4 Expanding Faster
US Regional Average Manufacturing PMI
57.9 61.5 55.7 57.0 50.3 51.9 56.1 52.1 -4.0 Expanding Slower
CHICAGO B. BAROMETER - MNI report 68.8 71.2 60.2 64.0 53.9 55.0 59.6 59.8 0.2 Expanding Faster
Dallas Manufacturing as if it were PMI
50.3 53.9 53.4 54.3 53.1 51.5 53.0 53.4 0.4 Expanding Faster
Kansas City Fed Mfg. (SA) as if were PMI 52.5 57.5 52.5 55.5 49.5 46.0 52.5 52.0 -0.5 Expanding Slower
Richmond Mfg. Activity as if it were PMI 57.5 56.6 55.1 53.5 45.0 49.7 55.9 47.2 -8.7 Contracting from expanding
Philadelphia - Business Outlook Survey
57.7 63.5 52.5 53.2 47.2 44.1 54.7 46.9 -7.9 Contracting from expanding
ISM - Milwaukee - (Bloomberg chart)
55.0 61.0 58.4 58.6 51.3 56.5 52.8 48.6 -4.2 Contracting from expanding
ISM-NY - Feb14 Report
66.7 72.8 57.9 59.0 56.7 58.8 64.4 57.0 -7.4 Expanding Slower
Empire State Mfg - Current conditions
55.0 55.5 55.8 58.2 46.0 53.6 56.3 52.2 -4.0 Expanding Slower
Last data published in bold
Revised data in italics
Note: Worldwide Manufacturing PMI was weighted by GDP-PPP estimate by the IMF for 2013 (October 2013 estimate)
Also see:
Worldwide Manufacturing PMI March 2014
Markit Global Business Outlook
JPMorgan Global Composite PMI and JPMorgan Global Services PMI
Markit US Services PMI
Markit Eurozone Composite PMI
HSBC China Services PMI
Worlds factories report best performance for almost three years
China - CFLP Manufacturing PMI
US - Kansas City Manufacturing PMI
US - Richmond Manufacturing PMI
US - Chicago Fed National Activity Index (CFNAI)
US - Dallas Manufacturing PMI
US - Philadelphia Manufacturing PMI
US - The Empire State Manufacturing Survey