Myanmar Manufacturing PMI Jumps To 51.9 - Nikkei

The manufacturing sector in Myanmar continued to expand in February, and at a faster rate, the latest survey from Nikkei showed on Wednesday with a manufacturing PMI score of 51.9.

That was up from 51.7 in January, and it moves further above the boom-or-bust line of 50 that separates expansion from contraction.

Individually, the growth was spurred by solid growth of output and new work although optimism weakened to a survey-record low.

The exchange rate fluctuations contributed to another steep rise in input costs.

News are provided by InstaForex