IndicesPMI

The Markit PMI™ (Purchasing Managers’ Index™) series are among the most closely watched economic indicators in the world, tracking business conditions in over 30 countries. They provide advance insight into the private sector economy by tracking variables such as output, new orders, employment and prices across key sectors. Economic analysts, business decision makers, forecasters and policy makers leverage the PMI surveys to better understand business conditions in a given economy. Central banks in many countries use the data to help make interest rate decisions, and analysts in the financial markets use PMI data to forecast official economic data.

Customers

  • Central banks
  • |
  • Economists
  • |
  • Investment banks
  • |
  • Asset management firms
  • |
  • Global macro funds
  • |
  • Corporates

Statistics

  • 30+countries covered
  • 20k+companies surveyed

Brochure

Email this product

Send using your default email client.

SHARE

Social sharing

Get in touch

Want to talk to the team directly?

Product summary

There are two parts to the monthly PMI releases: the headline PMI number, designed to provide a snapshot of the health of the economy, and the sub-indices, or component level data. The sub-indices provide insight into key economic drivers, such as inflation, exports, employment and inventories.

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 survey panels are carefully recruited to accurately represent the true structure of that sector.

Questionnaires are completed in the second half of each month, and survey results are then processed by Markit’s economists. Respondents are asked to state whether business conditions for a number of variables have improved, deteriorated or stayed the same compared with the previous month, as well as to provide reasons for any changes.

The questionnaire covers the following economic variables:

  • Manufacturing

    Output, New orders, New export orders, Backlogs of work, Output prices, Input prices, Suppliers’ delivery times, Stocks of finished goods, Quantity of purchases, Stocks of purchases, Employment

  • Services

    Business activity, New business, Backlogs of work, Prices charged, Input prices, Employment, Expectations for activity

  • Construction

    Total activity, Residential activity, Commercial activity, Civil engineering activity, New orders, Employment, Quantity of purchases, Suppliers’ delivery times, Input prices, Sub-contractor usage, Sub-contractor availability, Sub-contractor rates, Sub-contractor quality, Future activity

  • Whole Economy

    Output, New orders, New export orders, Backlogs of work, Output prices, Overall input prices, Purchase prices, Staff costs, Suppliers’ delivery times, Quantity of purchases, Stocks of purchases, employment

Key Benefits

  • Timeliness

    Monthly publication with PMI data released in advance of comparable official economic data

  • Comparability

    Standardised data collection across economies, allowing for direct comparisons

  • Factual

    Based on responses to questions on actual business conditions, rather than opinion or confidence-based measurements

  • Extensive coverage

    More than 20,000 companies surveyed monthly across over 30 major developed and emerging economies

History

1992
Surveys
  • UK Manufacturing PMI
Countries
  • UK
Members
400
1993
Surveys
    Countries
      Members
      1994
      Surveys
        Countries
          Members
          1995
          Surveys
            Countries
              Members
              1996
              Surveys
                Countries
                  Members
                  1997
                  Surveys
                  • Germany Manufacturing PMI
                  • UK Services PMI
                  Countries
                  • Germany
                  Members
                  1,200
                  1998
                  Surveys
                  • France Manufacturing PMI
                  • Germany Services PMI
                  • Italy Manufacturing PMI
                  Countries
                  • France
                  • Italy
                  Members
                  2,400
                  1999
                  Surveys
                  • Austria Manufacturing PMI
                  • Eurozone Manufacturing PMI
                  • Eurozone Services PMI
                  • Ireland Manufacturing PMI
                  • Italy Services PMI
                  • Russia Manufacturing PMI
                  Countries
                  • Austria
                  • Eurozone
                  • Ireland
                  • Russia
                  Members
                  4,000
                  2000
                  Surveys
                  • Germany Construction PMI
                  Countries
                    Members
                    4,400
                    2001
                    Surveys
                    • France Services PMI
                    • Greece Manufacturing PMI
                    • Hong Kong PMI
                    • Ireland Services PMI
                    • Netherlands Manufacturing PMI
                    • Poland Manufacturing PMI
                    • Spain Manufacturing PMI
                    • Spain Services PMI
                    • UK Construction PMI
                    Countries
                    • Greece
                    • Hong Kong
                    • Netherlands
                    • Poland
                    • Spain
                    Members
                    8,000
                    2002
                    Surveys
                    • Japan Manufacturing PMI
                    • Russia Services PMI
                    Countries
                    • Japan
                    Members
                    8,800
                    2003
                    Surveys
                    • France Construction PMI
                    Countries
                      Members
                      9,200
                      2004
                      Surveys
                      • China Manufacturing PMI
                      • Czech Republic Manufacturing PMI
                      • Eurozone Retail
                      • France Retail PMI
                      • Germany Retail PMI
                      • Italy Retail PMI
                      Countries
                      • China
                      • Czech Republic
                      Members
                      11,200
                      2005
                      Surveys
                        Countries
                          Members
                          2006
                          Surveys
                          • India Manufacturing PMI
                          • Turkey Manufacturing PMI
                          Countries
                          • India
                          • Turkey
                          Members
                          12,000
                          2007
                          Surveys
                          • Brazil Manufacturing PMI
                          Countries
                          • Brazil
                          Members
                          12,400
                          2008
                          Surveys
                            Countries
                              Members
                              2009
                              Surveys
                              • Brazil Services PMI
                              • China Services PMI
                              • India Services PMI
                              • Japan Services PMI
                              • South Korea Manufacturing PMI
                              • Taiwan Manufacturing PMI
                              Countries
                              • South Korea
                              • Taiwan
                              Members
                              14,800
                              2010
                              Surveys
                              • Saudi Arabia PMI
                              • United Arab Emirates PMI
                              Countries
                              • Saudi Arabia
                              • United Arab Emirates
                              Members
                              15,600
                              2011
                              Surveys
                              • Canada Manufacturing PMI
                              Countries
                              • Canada
                              Members
                              16,000
                              2012
                              Surveys
                              • Egypt PMI
                              • Indonesia Manufacturing PMI
                              • Mexico Manufacturing PMI
                              • US Manufacturing PMI
                              • Vietnam Manufacturing PMI
                              Countries
                              • Egypt
                              • Indonesia
                              • Mexico
                              • USA
                              • Vietnam
                              Members
                              18,000
                              2013
                              Surveys
                              • Lebanon PMI
                              • South Africa PMI
                              • US Services PMI
                              Countries
                              • Lebanon
                              • South Africa
                              Members
                              19,200
                              2014
                              Surveys
                                Countries
                                  Members
                                  2015
                                  Surveys
                                  • Kenya PMI
                                  • Malaysia Manufacturing PMI
                                  • Singapore PMI
                                  Countries
                                  • Kenya
                                  • Malaysia
                                  • Singapore
                                  Members
                                  20,400

                                  Data Coverage

                                  Italy
                                  • Manufacturing PMI
                                  • Services PMI
                                  • Composite PMI
                                  • Construction PMI
                                  • Retail PMI

                                  *Covered by Markit PMI

                                  Links and dates

                                  Press Releases

                                  • Jun 29 2015

                                    Nikkei to sponsor Markit Asia PMI series

                                    View