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Myanmar Crisis

Myanmar factory activity renews record low 2 months after coup

March PMI shows inflation and supply chain disruptions weighing on businesses

Political turmoil in Myanmar has slammed the brakes on production, darkening the economic outlook.   © Reuters

SINGAPORE -- The turmoil in Myanmar continues to slam businesses, the latest activity gauge shows, with manufacturers suffering from inflation as well as supply chain disruptions.

The country's manufacturing Purchasing Managers' Index (PMI) for March, released on Thursday by IHS Markit, hit 27.5 -- down from February's 27.7. The new figure renews a record low since the survey began five years ago.

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