The IHS Markit Myanmar Manufacturing PMI was unchanged at a seven-month low of 52.0 in September 2019. Output growth eased to a six-month low and purchasing activity expanded the least since January, amid raw material shortages. Meanwhile, growth of new business quickened from that seen in August to a solid rate, and job creation rose the most in four months. Meantime, as has been the case in every month since June 2016, the level of outstanding business declined, with the rate of backlog depletion slowing slightly, but solid overall. Also, supplier performance deteriorated further, extending the current sequence of longer delivery times to over two years. On the price front, input price inflation was the slowest since March, while average selling prices increased at the steepest pace since November 2018. Lastly, sentiment fell to its lowest in five months. Manufacturing Pmi in Myanmar is reported by Markit Economics.

Manufacturing Pmi in Myanmar is expected to be 51.50 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 52.90 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 52.00 52.00 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 October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
52.00 52.00 55.50 46.40 2016 - 2019 Monthly

Country Last Previous
Australia 54.70 Sep/19
Brazil 53.40 Sep/19
Canada 51.00 Sep/19
China 51.40 Sep/19
Euro Area 45.70 Sep/19
France 50.10 Sep/19
Germany 41.70 Sep/19
India 51.40 Sep/19
Indonesia 49.10 Sep/19
Italy 47.80 Sep/19
Japan 48.90 Sep/19
Mexico 49.10 Sep/19
Netherlands 51.60 Sep/19
Russia 46.30 Sep/19
Saudi Arabia 57.30 Sep/19
Singapore 49.50 Sep/19
South Africa 41.60 Sep/19
South Korea 48.00 Sep/19
Spain 47.70 Sep/19
Switzerland 44.60 Sep/19
Turkey 50.00 Sep/19
United Kingdom 48.30 Sep/19
United States 51.10 Sep/19