Friday December 06 2019
Myanmar Manufacturing PMI at 52.70
The IHS Markit Myanmar Manufacturing PMI slipped to 52.7 in November 2019 from a four-month high of 53.0 in October amid softer rises in both output and employment. Meantime, new orders grew the most since June, while buying activity increased at the fastest rate in three months. In terms of prices, input price inflation slowed to a survey-record low. Meanwhile, factory gate prices went up at the slowest rate since April, though this was the first time in the survey history charges rose more sharply than input prices. Looking ahead, sentiment strengthened to a three-month high, but remained softer than the long-run survey average.