ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronEye IconIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintSite TitleTitle ChevronIcon Twitter
Nikkei PMI

ASEAN manufacturing PMI improves in April

TOKYO - Manufacturing in ASEAN economies improved slightly in April due to an increase of new orders and higher output, according to a survey.

The Nikkei ASEAN Manufacturing Manager's Index, or PMI, rose from 50.3 in March to 50.4 in April, marking five-month high. 

A reading above 50 indicates an expansion while a reading below 50 points to a contraction.

The growth was supported by a rise in new orders and output. Myanmar continued to log the strongest rate of expansion, at 53.7, followed by Vietnam and Thailand. The weakest reading was Singapore at 47.3.

The reading indicates "another subdued expansion in the manufacturing sector," said David Owen, Economist at IHS Markit,which complies the survey. While output grew, "the rise was still weaker than those seen at the end of last year," he added.

(Nikkei) 

For more information,visit IHS Markit website.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this monthThis is your last free article this month

Stay ahead with our exclusives on Asia;
the most dynamic market in the world.

Stay ahead with our exclusives on Asia

Get trusted insights from experts within Asia itself.

Get trusted insights from experts
within Asia itself.

Try 1 month for $0.99

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this month

This is your last free article this month

Stay ahead with our exclusives on Asia; the most
dynamic market in the world
.

Get trusted insights from experts
within Asia itself.

Try 3 months for $9

Offer ends July 31st

Your trial period has expired

You need a subscription to...

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers and subscribe

Your full access to the Nikkei Asian Review has expired

You need a subscription to:

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers
NAR on print phone, device, and tablet media