Myanmar’s Manufacturing PMI Shows Strongest Manufacturing Growth in Eight Months

TOKYO — The Nikkei Myanmar Manufacturing Purchasing Managers’ Index, or PMI, improved to 51.7 in January from 51.1 in December. A reading above 50 indicates economic expansion, while a reading below 50 points toward contraction. The January reading was the highest since May 2017. “The latest upturn was supported by a strong expansion in new […]

Myanmar’s manufacturing PMI rises to 51.1 in October

  TOKYO — The Nikkei Myanmar Manufacturing Purchasing Managers’ Index, or PMI, rose to 51.1 in October from 49.4 in September. A reading above 50 indicates economic expansion, while a reading below 50 points toward contraction. “October survey data signalled the first improvement in manufacturing operating conditions since May. The return to growth was supported […]