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ASEAN Manufacturing PMI Slows in July 2023

Economics editor Wahyu Dwi Anggoro
02/08/2023 10:12 WIB
The headline S&P Global ASEAN Manufacturing Purchasing Managers’ Index (PMI) posted above the neutral 50.0 threshold for the twenty-second successive month.
ASEAN Manufacturing PMI Slows in July 2023. (Foto: MNC Media)
ASEAN Manufacturing PMI Slows in July 2023. (Foto: MNC Media)

However, the latest decline was the softest seen over this period and only mild. Goods producers across Singapore, however, signalled a contraction for the first time in four months. Despite being modest, the headline reading was the lowest recorded in nearly two years.

Lastly, as has been the case since September 2022, Malaysian manufacturers remained in contraction territory at the start of the third quarter. Moreover, the pace of decrease was stronger than that seen historically. (WHY)

Halaman : 1 2 3 Lihat Semua
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