PMI Philippines

PMI Philippines PMI Philippines

The PMI is based on interviews with a statistical sample of 400 purchasing and supply managers from top manufacturing companies -- 200 in the National Capital Region and 200 outside the National Capital Region. The PMI is based on actual conditions as presented by the purchasing and supply managers and is considered an effective foresight of conditions in the economy as a whole. The Philippine Ins

titute for Supply Management (PISM) in collaboration with its advocacy arm the Foundation of the Society of Fellows in Supply Management (SOFSM) and its research/technical partner, Strategic Research and Development Center, Inc., prepares the monthly PMI report. There are 27 countries that currently conduct and use the PMI as an economic indicator based on movements in the manufacturing sector using data on new orders, production, employment, supplier deliveries, and inventories.

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