Myanmar Manufacturing Growth Eases in October

The S&P Global Myanmar Manufacturing PMI fell to 51.5 in October 2025, down from September’s 30-month high of 53.1, reflecting softer expansion in output and new orders.

Employment remained firmly in contraction territory, with the pace of reduction the strongest since February amid high voluntary resignations as workers sought better financial opportunities elsewhere.

Meanwhile, backlogs continued to rise solidly as supply-side challenges limited the ability of manufacturing firms to release goods onto the market.

Purchasing activity fell at the fastest rate in six months amid material shortages, while vendor performance deteriorated markedly.

On prices, input cost inflation accelerated to an eight-month high, pushing output cost inflation to its fastest pace since March.

Finally, business sentiment weakened to a ten-month low amid concerns over material shortages and market instability.