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Financial News: Vietnam Manufacturing PMI Advances In April - Nikkei

Vietnam Manufacturing PMI Advances In April - Nikkei

05/01/2019 - 21:30:00 (RTTNews)

(RTTNews) - The manufacturing sector in Vietnam continued to expand in April, and at a faster rate, the latest survey from Nikkei revealed on Thursday with a four-month high manufacturing PMI score of 52.5.

That's up from 51.9 in March, and it moves further above the boom-or-bust line of 50 that separates expansion from contraction.

Individually, staffing levels saw their first increase in three months, while new orders continued to rise solidly.

Cost inflation rose to a five-month high as panelists reported general increases in raw material prices in international markets.

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