The IHS Markit Myanmar Manufacturing PMI declined to a three month-low of 53.0 in June 2019 from 54.2 in a month earlier. Output grew at a slower rate, though remaining among the fastest in the series history, with growth in new business staying sharp. Additionally, buying activity rose modestly, reflecting greater production requirements. Employment grew marginally, while backlogs of work fell the least in three years as production was held back by ongoing electricity outages. On the price front, input cost inflation remained elevated, though eased slightly from May's recent peak. Meantime, the pace of charge inflation accelerated to the fastest since November 2018. Lastly, sentiment strengthened and was at the highest since the start of 2017, linked to new product development and planned investment in new technology. Manufacturing Pmi in Myanmar is reported by Markit Economics.

Manufacturing Pmi in Myanmar is expected to be 52.30 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing Pmi in Myanmar to stand at 51.50 in 12 months time. In the long-term, the Myanmar Manufacturing PMI is projected to trend around 52.40 in 2020, according to our econometric models.

Myanmar Manufacturing PMI
Forecast Data Chart
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Myanmar Business Last Previous Highest Lowest Unit
Internet Speed 4358.29 4190.43 4358.29 528.19 KBps [+]
IP Addresses 4755.00 4326.00 5293.00 77.00 IP [+]
Manufacturing Pmi 53.00 54.20 55.50 46.40 [+]
Ease Of Doing Business 171.00 171.00 177.00 170.00 [+]
Corruption Index 29.00 30.00 30.00 13.00 Points [+]
Corruption Rank 132.00 130.00 180.00 129.00 [+]

Myanmar Manufacturing PMI

The Nikkei Myanmar Manufacturing Purchasing Managers’ Index measures the performance of the manufacturing sector and is derived from a survey of 450 manufacturing companies. The Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change. This page provides - Myanmar Manufacturing Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. Myanmar Manufacturing PMI - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
53.00 54.20 55.50 46.40 2016 - 2019 Monthly

Country Last Previous
Australia 49.43 Jun/19
Brazil 51.00 Jun/19
Canada 49.20 Jun/19
China 49.40 Jun/19
Euro Area 47.60 Jun/19
France 51.90 Jun/19
Germany 45.00 Jun/19
India 52.10 Jun/19
Indonesia 50.60 Jun/19
Italy 48.40 Jun/19
Japan 49.30 Jun/19
Mexico 49.20 Jun/19
Netherlands 50.70 Jun/19
Russia 48.60 Jun/19
Saudi Arabia 57.40 Jun/19
Singapore 49.60 Jun/19
South Africa 46.20 Jun/19
South Korea 47.50 Jun/19
Spain 47.90 Jun/19
Switzerland 47.70 Jun/19
Turkey 47.90 Jun/19
United Kingdom 48.00 Jun/19
United States 50.60 Jun/19