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The DILF Manufacturing Purchasing Managers' Index (PMI) provides a snapshot of the health of the Danish manufacturing sector. It is based on a survey of purchasing executives who report on changes in key business variables such as new orders, output, employment, and supplier delivery times. A reading above 50.0 indicates an expansion in the manufacturing sector compared to the previous month, while a reading below 50.0 represents a contraction. This indicator is highly valued for its timeliness and correlation with official industrial production data.
The index is a weighted average of five sub-indices: New Orders, Output, Employment, Suppliers' Delivery Times, and Stocks of Purchases. It is a diffusion index where respondents indicate whether conditions have improved, deteriorated, or remained unchanged.
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