April 2014, Global Manufacturing Activity Indicator (PMI)

by Eduardo Petazze
The global manufacturing sector continued to expand at a slower pace than the previous month.
An unexpected fall in PMI survey in Japan, contrary to the trend in the manufacturing industry until March 2014 reduced by 0.3 points on
global PMI.

Summary
Mfg. Apr. 2014 Summary
Rate of change
Number of countries
negative unchange positive total
Expanding (PMI>50.09)
13
1
16
30
Stable (PMI~50.0)
0
0
0
0
Contracting (PMI<49.91)
6
0
3
9
Total
19
1
19
39

Breakdown by countries and links

Worldwide Manufacturing PMI (SA)
2013
2014
Apr14 vs. Mar14
weight
Reference links
Country
Jan Feb Mar Apr Jan Feb Mar Apr Chg. Direction
Rate of Chg
1.35% Australian Industry Group Australia
40.2 45.6 44.4 36.7 46.7 48.6 47.9 44.8 -3.1 Contracting Faster
0.48%
Bank Austria
Austria
48.6 48.3 48.1 47.8 54.0 53.0 51.0 51.4 0.4 Expanding Faster
3.24%
HSBC - Apr14 report
Brazil
53.2 52.5 51.8 50.8 50.8 50.4 50.6 49.3 -1.3 Contracting from expanding
2.05%
See detail below
Canada
54.7 54.1 55.5 51.2 54.3 55.1 54.3 53.5 -0.8 Expanding Slower
18.94%
See detail below
China
51.4 50.3 51.3 50.5 50.0 49.4 49.2 49.3 0.1 Contracting Unchange
0.38%
HSBC - Apr14 Report
Czech Rep. 48.3 49.9 49.1 49.5 55.9 56.5 55.5 56.5 1.0 Expanding Faster
0.28%
DILF
Denmark
55.7 61.7 51.5 49.3 57.1 57.2 62.5 60.4 -2.1 Expanding Slower
0.74%
HSBC - Apr14 Report
Egipt
45.0 46.0 44.8 44.2 48.7 50.0 49.8 49.5 -0.3 Contracting Faster
3.03%
MARKIT
France
42.9 43.9 44.0 44.4 49.3 49.7 52.1 51.2 -0.9 Expanding Slower
4.32%
MARKIT / BME
Germany
49.8 50.3 49.0 48.1 56.5 54.8 53.7 54.1 0.4 Expanding Faster
0.35%
MARKIT
Greece
41.7 43.0 42.1 45.0 51.2 51.3 49.7 51.1 1.4 Expanding from contracting
0.52%
HSBC composite
Hong Kong 52.5 51.2 50.5 49.9 52.7 53.3 49.9 49.7 -0.2 Contracting Faster
0.27%
MLBKT
Hungary
55.9 54.1 55.5 51.5 57.9 54.3 53.7 54.6 0.9 Expanding Faster
7.03%
HSBC - Apr14 Report
India
53.2 54.2 52.0 51.0 51.4 52.5 51.3 51.3 0.0 Expanding Unchange
1.79%
HSBC - Apr14 report
Indonesia
49.7 50.5 51.3 51.7 51.0 50.5 50.1 51.1 1.0 Expanding Faster
0.25%
Investec
Ireland
50.3 51.5 48.6 48.0 52.8 52.9 55.5 56.1 0.6 Expanding Faster
0.37%
IPLMA - Bank Hapoalim
Israel
49.3 53.6 51.8 50.8 49.5 50.0 48.9 51.4 2.5 Expanding from contracting
2.39%
MARKIT / ADACI
Italy
47.8 45.8 44.5 45.5 53.1 52.3 52.4 54.0 1.6 Expanding Faster
6.26%
MARKIT / JMMA
Japan
47.7 48.5 50.4 51.1 56.6 55.5 53.9 49.4 -4.5 Contracting from expanding
2.27%
HSBC - Apr14 report
Korea
49.9 50.9 52.0 52.6 50.9 49.8 50.4 50.2 -0.2 Expanding Slower
0.09% BLOMINVEST Bank - Report Lebanon
44.5 45.5 46.2 48.5 2.3 Contracting Slower
2.49%
See detail below
Mexico
53.0 52.6 52.3 51.3 52.3 51.6 52.2 51.9 -0.3 Expanding Slower
0.93%
NEVI
Netherlands 50.2 49.0 48.0 48.2 54.8 55.2 53.7 53.4 -0.3 Expanding Slower
0.19% Business NZ - Apr14 Report N. Zealand 55.0 55.4 52.7 55.9 56.2 56.3 58.0 55.2 -2.8 Expanding Slower
0.37%
NIMA - Apr14 Report
Norway
49.9 48.5 49.7 49.2 52.9 51.5 52.4 51.2 -1.2 Expanding Slower
1.11%
HSBC - Apr14 report
Poland
48.6 48.9 48.2 46.9 55.4 55.9 54.0 52.0 -2.0 Expanding Slower
3.41%
HSBC - Apr14 Report
Russia
52.0 52.0 50.8 50.6 48.0 48.5 48.3 48.5 0.2 Contracting Slower
1.28% SABB HSBC - Apr14 Report S. Arabia
58.1 58.5 58.9 58.0 59.7 58.6 57.0 58.5 1.5 Expanding Faster
0.48%
SIPMM
Singapore
50.2 49.4 50.6 50.3 50.5 50.9 50.8 51.1 0.3 Expanding Faster
0.80%
See detail below
S. Africa
49.6 51.9 49.4 50.4 50.1 51.6 50.3 48.4 -1.9 Contracting from expanding
1.85%
MARKIT
Spain
46.1 46.8 44.2 44.7 52.2 52.5 52.8 52.7 -0.1 Expanding Unchange
0.54%
SILF
Sweden
49.2 50.9 52.1 49.6 56.4 54.6 56.5 55.5 -1.0 Expanding Slower
0.50% SVME / CREDIT SUISSE Swiss
52.4 50.3 49.2 49.9 56.1 57.6 54.4 55.8 1.4 Expanding Faster
1.26%
HSBC - Apr14 Report
Taiwan
51.5 50.2 51.2 50.7 55.5 54.7 52.7 52.3 -0.4 Expanding Slower
1.58%
HSBC - Apr14 Report
Turkey
54.0 53.5 52.3 51.3 52.7 53.4 51.7 51.1 -0.6 Expanding Slower
0.37%
HSBC - Apr14 Report
UAE
55.0 55.4 54.3 54.0 57.1 57.3 57.7 58.3 0.6 Expanding Faster
3.23%
MARKIT / CIPS
UK
50.5 47.9 48.6 50.2 56.6 56.2 55.8 57.3 1.5 Expanding Faster
22.70%
See detail below
USA
52.8 53.1 52.4 50.8 53.7 54.1 54.3 54.9 0.6 Expanding Faster
0.50%
HSBC - Apr14 Report
Vietnam
50.1 48.3 50.8 51.0 52.1 51.0 51.3 53.1 1.8 Expanding Faster
100.0%
Worldwide Mfg PMI
see Note
51.0 51.0 50.8 50.0 52.6 52.5 52.2 52.0 -0.2 Expanding Slower
MARKIT
Euro area
47.9 47.9 46.8 46.7 54.0 53.2 53.0 53.4 0.4 Expanding Faster
HSBC EMI (Composite)
Emerging
54.1 52.6 52.8 51.5 51.4 51.1 50.3 50.4 0.1 Expanding Unchange
JP Morgan
Global
51.4 50.9 51.1 50.4 53.0 53.2 52.4 51.9 -0.5 Expanding Slower
More than one PMI survey
Country Jan Feb Mar Apr Jan Feb Mar Apr Chg. Direction
Rate of Chg
Markit - RBC
50.5 57.1 49.3 50.1 51.7 52.9 53.3 52.9 -0.4 Expanding Slower
IVEY
Canada
58.9 51.1 61.6 52.2 56.8 57.2 55.2 54.1 -1.1 Expanding Slower
Canada average
54.7 54.1 55.5 51.2 54.3 55.1 54.3 53.5 -0.8 Expanding Slower
CFLP - Stats (Chinese)
50.4 50.1 50.9 50.6 50.5 50.2 50.3 50.4 0.1 Expanding Unchange
HSBC - Apr14 report
China
52.3 50.4 51.6 50.4 49.5 48.5 48.0 48.1 0.1 Contracting Unchange
China average
51.4 50.3 51.3 50.5 50.0 49.4 49.2 49.3 0.1 Contracting Unchange
INEGI - SA data:
51.5 53.1 53.9 52.2 52.5 52.3 52.4 52.8 0.3 Expanding Faster
IIEEM report - SA data:
52.5 51.5 50.8 49.9 50.4 50.4 52.4 51.1 -1.4 Expanding Slower
Mexico
HSBC- Apr14 Report
55.0 53.4 52.2 51.7 54.0 52.0 51.7 51.8 0.1 Expanding Unchange
Mexico average
53.0 52.6 52.3 51.3 52.3 51.6 52.2 51.9 -0.3 Expanding Slower
BER-KAGISO -Apr14 -xls
48.9 52.3 48.8 49.6 49.9 51.7 50.3 47.4 -2.9 Contracting from expanding
HSBC - Apr14 Report
S. Africa
50.3 51.5 50.0 51.3 50.3 51.5 50.2 49.4 -0.8 Contracting from expanding
S. Africa Average
49.6 51.9 49.4 50.4 50.1 51.6 50.3 48.4 -1.9 Contracting from expanding
US Regional PMI (see below)
50.3 51.9 51.0 50.4 56.1 52.1 53.6 54.3 0.7 Expanding Faster
ISM Report On Business
52.3 53.1 51.5 50.0 51.3 53.2 53.7 54.9 1.2 Expanding Faster
USA
MARKIT
55.8 54.3 54.6 52.1 53.7 57.1 55.5 55.4 -0.1 Expanding Unchange
US average
52.8 53.1 52.4 50.8 53.7 54.1 54.3 54.9 0.6 Expanding Faster
US Regional Average Manufacturing PMI
50.3 51.9 51.0 50.4 56.1 52.1 53.6 54.3 0.7 Expanding Faster
CHICAGO B. BAROMETER
53.9 55.0 52.2 49.3 59.6 59.8 55.9 63.0 7.1 Expanding Faster
Dallas Manufacturing as if it were PMI
53.1 51.5 53.3 49.6 53.0 53.4 55.8 57.5 1.7 Expanding Faster
Kansas City Fed Mfg. (SA) as if were PMI 49.5 46.0 48.0 48.5 52.5 52.0 55.0 53.5 -1.5 Expanding Slower
Richmond Mfg. Activity as if it were PMI 45.0 49.7 49.8 47.3 55.9 47.2 46.7 53.5 6.8 Expanding from contracting
Philadelphia - Business Outlook Survey
47.2 44.1 49.3 50.5 54.7 46.9 54.5 58.3 3.8 Expanding Faster
ISM - Milwaukee - (Bloomberg chart)
51.3 56.5 51.0 48.4 52.8 48.6 56.0 47.3 -8.8 Contracting from expanding
ISM-NY - Apr14 Report
56.7 58.8 51.2 58.3 64.4 57.0 52.0 50.6 -1.4 Expanding Slower
Empire State Mfg - Current conditions
46.0 53.6 53.2 51.2 56.3 52.2 52.8 50.6 -2.2 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 2014 (April 2014 estimate)

Additional Links
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