Myanmar Manufacturing PMI

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.

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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		[+]

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	Range
Australia	49.43	Jun/19	52.72	62.5 : 29.47
Brazil	51.00	Jun/19	50.2	53.5 : 41.6
Canada	49.20	Jun/19	49.1	57.1 : 47.5
China	49.40	Jun/19	50.2	52.3 : 47.2
Euro Area	47.60	Jun/19	47.7	60.6 : 33.5
France	51.90	Jun/19	50.6	58.8 : 42.7
Germany	45.00	Jun/19	44.3	63.3 : 32
India	52.10	Jun/19	52.7	55 : 47.9
Indonesia	50.60	Jun/19	51.6	58.5 : 46.4
Italy	48.40	Jun/19	49.7	59 : 47.4
Japan	49.30	Jun/19	49.8	56.2 : 29.6
Mexico	49.20	Jun/19	50	57.1 : 49.2
Netherlands	50.70	Jun/19	52.2	63.4 : 48
Russia	48.60	Jun/19	49.8	54.7 : 47.6
Saudi Arabia	57.40	Jun/19	57.3	61.8 : 51.4
Singapore	49.60	Jun/19	49.9	53.1 : 48.3
South Africa	46.20	Jun/19	45.4	60.87 : 35.09
South Korea	47.50	Jun/19	48.4	52.6 : 45.7
Spain	47.90	Jun/19	50.1	56.1 : 41.1
Switzerland	47.70	Jun/19	48.6	66.9 : 32.8
Turkey	47.90	Jun/19	45.3	55.7 : 42.7
United Kingdom	48.00	Jun/19	49.4	61.5 : 34.4
United States	50.60	Jun/19	50.5	57.9 : 50.5