Philippines: Purchasing Managers Index (PMI), composite

(measure: index points, source: Central Bank of the Philippines)
* indicates monthly or quarterly data series

Purchasing Managers Index (PMI), composite in the Philippines, April, 2019: For that indicator, Central Bank of the Philippines provides data for the Philippines from 2011 to 2019. The average value for the Philippines during that period was 57.61 index points with a minumum of 53.02 index points in June 2018 and a maximum of 62.23 index points in June 2011. Click on the following link to see the values of Purchasing Managers Index (PMI), composite around the world.
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Measure: index points
Source: Central Bank of the Philippines

Definition: The composite Purchasing Managers’ Index (PMI) is an indicator of economic health for manufacturing and service sectors. The purpose of the PMI is to provide information about current business conditions to company decision makers, analysts and purchasing managers. Each country PMI survey for the manufacturing or service sector is based on questionnaire responses from panels of senior purchasing executives (or similar) at over 400 companies. The composite 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.
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