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Financial News: Myanmar Manufacturing Sector Slows In May

Myanmar Manufacturing Sector Slows In May

05/31/2017 - 21:20:00 (RTTNews)

(RTTNews) - The manufacturing sector in Myanmar continued to expand in May, although at a slower rate, the latest survey from Nikkei showed on Thursday with a manufacturing PMI score of 52.0.

That's down from 52.9 in April, although it remains above the boom-or-bust line of 50 that separates expansion from contraction.

Individually, there was continued improvement in business conditions, although it was the weakest reading in three months.

Output expansion remained strong, while input prices increased at their weakest rate since October.

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