Myanmar Manufacturing Sector Climbs To Expansion - Nikkei - ConsultFX

Myanmar Manufacturing Sector Climbs To Expansion - Nikkei

The manufacturing sector in Myanmar moved into expansion territory in November, the latest survey from Nikkei revealed on Monday with a manufacturing PMI score of 51.3.

That's up from 48.0 in October, and it moves above the boom-or-bust line of 50 that separates expansion from contraction.

It also marked the first expansionary score since May.

Individually, production and new business increased at a solid rate, while inflationary pressures eased.


The material has been provided by InstaForex Company - www.instaforex.com