The S&P Global Myanmar Manufacturing PMI increased to 50.4 in December 2024 from November’s five-month low of 49.8. It marked the first expansion in factory activity since June, due to stronger output growth. In addition, new orders rose for the second straight month as demand trends improved. However, purchasing activity fell for the 18th straight month while job shedding extended for the 19th month, as a result of resignations. Vendor performance suffered due to persistent material shortages and challenges in securing import licenses and transportation. On the price front, a favorable exchange rate against the US dollar alleviated some cost pressures caused by higher raw material and transport costs. Input costs and output prices rose at the slowest pace in 24 and 13 months, respectively. Looking ahead, business sentiment strengthened for the first time in six months, amid hopes of improved demand trends and plans of expanding to new markets. source: S&P Global

Manufacturing PMI in Myanmar increased to 50.40 points in December from 49.80 points in November of 2024. Manufacturing PMI in Myanmar averaged 47.92 points from 2016 until 2024, reaching an all time high of 57.40 points in April of 2023 and a record low of 27.50 points in March of 2021. This page provides - Myanmar Manufacturing Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Manufacturing PMI in Myanmar increased to 50.40 points in December from 49.80 points in November of 2024. Manufacturing PMI in Myanmar is expected to be 46.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations.




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Myanmar Manufacturing PMI
The S&P Global 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 is only a limited sample of PMI headline data displayed on the Customer’s service, under licence from S&P Global. Full historic PMI headline data and all other PMI sub-index data and histories are available on subscription from S&P Global. Contact economics@spglobal.com for more details.


News Stream
Myanmar Manufacturing Grows for 1st Time in 6 Months
The S&P Global Myanmar Manufacturing PMI increased to 50.4 in December 2024 from November’s five-month low of 49.8. It marked the first expansion in factory activity since June, due to stronger output growth. In addition, new orders rose for the second straight month as demand trends improved. However, purchasing activity fell for the 18th straight month while job shedding extended for the 19th month, as a result of resignations. Vendor performance suffered due to persistent material shortages and challenges in securing import licenses and transportation. On the price front, a favorable exchange rate against the US dollar alleviated some cost pressures caused by higher raw material and transport costs. Input costs and output prices rose at the slowest pace in 24 and 13 months, respectively. Looking ahead, business sentiment strengthened for the first time in six months, amid hopes of improved demand trends and plans of expanding to new markets.
2025-01-02
Myanmar Manufacturing Contracts the Least in 5 Months
The S&P Global Myanmar Manufacturing PMI was up to 49.8 in November 2024 from 48.4 in October. It marked the fifth straight month of contraction in factory activity but the softest pace in the sequence. New orders rose for the first time in five months, boosting output. Meanwhile, buying activity shrank for the 17th month, though at its slowest in six months. Job shedding extended for the 18th month, with the reduction being the sharpest since August. Backlog accumulation stayed sharp but eased to a 15-month low. Vendor performance suffered due to persistent material shortages and challenges in securing import licenses. On the price front, a favorable exchange rate against the US dollar eased some cost pressures from higher raw material and transport costs. Input cost and output prices rose at the slowest pace in 23 and 12 months, respectively. Looking ahead, confidence was neutral, with concerns about future demand trends and ongoing material shortages affecting sentiment.
2024-12-02
Myanmar Manufacturing Shrinks the Least in 3 Months
The S&P Global Myanmar Manufacturing PMI increased to 48.4 in October 2024 from 45.5 in September. It marked the fourth consecutive month of contraction in factory activity but the softest decline since July, as downturns in output were the least in four months while new orders fell moderated. Employment continued to fall, but the job shedding was the weakest in 12 months, while backlogs of work increased. Meanwhile, purchasing activity dropped the least in three months while delivery time continued to lengthen markedly. On the price front, input and output cost inflation eased to an 11-month low amid promotions from some companies. Lastly, business sentiment weakened amid market instability, material shortages, and weak demand conditions.
2024-11-01