FOREX TradingCharts.com

Financial News: Vietnam Manufacturing Sector Fades In October - S&P

Vietnam Manufacturing Sector Fades In October - S&P Global

10/31/2022 - 21:06:00 (RTTNews)

(RTTNews) - The manufacturing sector in Vietnam continued to expand in October, albeit at a slower pace, the latest survey from S&P Global revealed on Tuesday with a manufacturing PMI score of 50.6.

That's down from 52.5 in September, although it remains above the boom-or-bust line of 50 that separates expansion from contraction.

Central to the overall growth moderation in October was a softer increase in new orders. Total new business was up only slightly, and to the least extent since the current expansionary period began in October 2021. Where new orders increased, this was linked to stronger demand, competitive pricing and the securing of new customers.

There were signs of demand waning, however, including with regards to exports which also increased at a softer pace. Manufacturers continued to expand production at the start of the final quarter of the year in response to further improvements in new orders.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2022 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Finland Trade Deficit Widens In October (11 min(s), 08 sec(s) ago)
(RTTNews) - Finland's trade deficit widened in October as the increase in imports exceeded the ...Full Story»

Reserve Bank Of India Slows Rate Hikes On Weaker Growth Outlook (27 min(s), 08 sec(s) ago)
(RTTNews) - India's central bank raised its benchmark interest rates for the fifth policy meet ...Full Story»

Taiwan Exports Fall Most In Nearly 7 Years (33 min(s), 08 sec(s) ago)
(RTTNews) - Taiwan's exports declined for the third straight month in November, and at the fas ...Full Story»

Philippines Industrial Production Rises; Jobless Rate Falls To 4.5% (02 hr(s), 29 min(s), 08 sec(s) ago)
(RTTNews) - The Philippines' industrial production index increased in October and the unemploy ...Full Story»

Italy Retail Sales Fall 0.4% In October (02 hr(s), 32 min(s), 08 sec(s) ago)
(RTTNews) - Italy's retail sales decreased in October after rebounding in the previous month, ...Full Story»

Will Germany Avoid A Recession On Industrial Resilience? (02 hr(s), 44 min(s), 08 sec(s) ago)
(RTTNews) - Germany industrial production dropped only slightly in October despite the sharp weakn ...Full Story»

Norway Industrial Production Falls For Second Month (03 hr(s), 13 min(s), 08 sec(s) ago)
(RTTNews) - Norway's industrial production fell for the second consecutive month in October as ...Full Story»

Swiss Jobless Rate Rises As Expected In November (03 hr(s), 52 min(s), 08 sec(s) ago)
(RTTNews) - Switzerland's unemployment rate increased slightly in November, in line with expec ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Finland Trade Deficit Widens In October

12/07/2022 - 07:07 AM (RTTNews)
(RTTNews) - Finland's trade deficit widened in October as the increase in imports exceeded the ...Full Story>>

Reserve Bank Of India Slows Rate Hikes On Weaker Growth Outlook

12/07/2022 - 06:51 AM (RTTNews)
(RTTNews) - India's central bank raised its benchmark interest rates for the fifth policy meet ...Full Story>>

Taiwan Exports Fall Most In Nearly 7 Years

12/07/2022 - 06:45 AM (RTTNews)
(RTTNews) - Taiwan's exports declined for the third straight month in November, and at the fas ...Full Story>>

Philippines Industrial Production Rises; Jobless Rate Falls To 4.5%

12/07/2022 - 04:49 AM (RTTNews)
(RTTNews) - The Philippines' industrial production index increased in October and the unemploy ...Full Story>>

Italy Retail Sales Fall 0.4% In October

12/07/2022 - 04:46 AM (RTTNews)
(RTTNews) - Italy's retail sales decreased in October after rebounding in the previous month, ...Full Story>>

Do not sell my personal information

Copyright © 2022. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.