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Nikkei PMI

Thailand manufacturing PMI expands at slower pace in May

TOKYO -- Thai manufacturing sector in May showed growth, helped by the strongest export order growth since early 2018, albeit at a slower pace than April.

The Nikkei Thailand Manufacturing Purchasing Managers' Index, or PMI, dipped from 51.0 in April to 50.7 in May. A reading above 50 indicates an expansion while a reading below 50 points to a contraction.

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