The Nikkei Myanmar Manufacturing PM increased to 52.5 in December 2018 from 51.3 in the previous month. It was the second straight month of expansion in factory activity and the strongest since May, amid faster rates in both output and new order growth. In addition, employment rose for the first time since June, and backlogs were depleted at a marked rate that was the quickest in five months. Also, new work orders advanced for the second consecutive month mainly due to greater demand an new client acquisitions. Meanwhile, purchasing activity fell for the seventh straight month, despite the downturn was only marginal and the weakest in the current sequence of contraction. On the price front, input price inflation eased to its lowest level since March of 2016 driven by a fall in fuel prices and output cost inflation slowed to a 17-month low. Finally, confidence dipped to a 5-month low, despite reports citing a boost to confidence from rising new business volumes. Manufacturing Pmi in Myanmar is reported by Markit Economics.

Manufacturing Pmi in Myanmar is expected to be 51.90 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 50.90 in 12 months time. In the long-term, the Myanmar Manufacturing PMI is projected to trend around 50.60 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 52.50 51.30 55.50 46.40 [+]
Ease Of Doing Business 171.00 171.00 177.00 170.00 [+]
Competitiveness Index 3.32 3.23 3.32 3.22 Points [+]
Competitiveness Rank 131.00 134.00 139.00 131.00 [+]
Corruption Index 30.00 28.00 30.00 13.00 Points [+]
Corruption Rank 130.00 136.00 180.00 129.00 [+]

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 January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
52.50 51.30 55.50 46.40 2016 - 2018 Monthly

Country Last Previous
Australia 49.50 Dec/18
Brazil 52.60 Dec/18
Canada 53.60 Dec/18
China 49.70 Dec/18
Euro Area 51.40 Dec/18
France 49.70 Dec/18
Germany 51.50 Dec/18
India 53.20 Dec/18
Indonesia 51.20 Dec/18
Italy 49.20 Dec/18
Japan 52.60 Dec/18
Mexico 49.70 Dec/18
Netherlands 57.20 Dec/18
Russia 51.70 Dec/18
Saudi Arabia 54.50 Dec/18
Singapore 51.10 Dec/18
South Africa 50.70 Dec/18
South Korea 49.80 Dec/18
Spain 51.10 Dec/18
Switzerland 57.80 Dec/18
Turkey 44.20 Dec/18
United Kingdom 54.20 Dec/18
United States 53.80 Dec/18