Myanmar - Produksjon Pmi

The IHS Markit Myanmar Manufacturing PMI slipped to 52.7 in November 2019 from a four-month high of 53.0 in October amid softer rises in both output and employment. Meantime, new orders grew the most since June, while buying activity increased at the fastest rate in three months. In terms of prices, input price inflation slowed to a survey-record low. Meanwhile, factory gate prices went up at the slowest rate since April, though this was the first time in the survey history charges rose more sharply than input prices. Looking ahead, sentiment strengthened to a three-month high, but remained softer than the long-run survey average.

The IHS Markit Myanmar Manufacturing PMI rose to a four-month high of 53.0 in October 2019 from 52 in the previous month. Output rose for the twelfth month in a row and new orders also increased, with the pace of expansion quickening to the fastest since June. Greater production requirements led firms to increase workforce numbers, while buying activity also rose modestly. On the price front, input price inflation eased to the slowest in April, although raw material shortages and rising utility prices continued to push up cost burdens. Meantime, average prices charged increased marginally and at the softest rate since April. Lastly, the level of positive sentiment weakened to the lowest since February.

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.

The IHS Markit Myanmar Manufacturing PMI slipped to a seven-month low of 52.0 in August 2019 from 52.9 in July. The loss of momentum was partly caused by the softest rise in order book volumes since January, and a consequent slower rate of output growth. Nonetheless, output and new orders increased markedly overall. In addition, employment grew the least since January, while the level of outstanding work decreased, as has been the case in each month since June 2016. On the price front, input cost inflation slowed to a four-month low, signalling softer inflationary pressures. Selling prices increased moderately, for the seventh month in a row. Finally, sentiment remained robust, despite the level of optimism being the lowest in three months.

The IHS Markit Myanmar Manufacturing PMI slipped to a four-month low of 52.9 in July from 53.0 in June. New orders grew the least since March and stocks of purchases fell at the fastest pace since October 2018. Also, employment rose only modestly and for the eighth straight month; while backlogs of work fell further amid a sharp depletion of finished goods inventories. In contrast, output growth accelerated to a 15-month high. On the price front, input prices picked up, with the overall rate of inflation much higher than that seen at the start of 2019, mainly due to higher electricity cost. Factory gate prices rose for the six month in a row, reflecting efforts to protect operating margins. Looking ahead, sentiment eased, but remained strong, linked to long-term business expansion strategies, supported by planned investments in additional plant capacity and hopes of a rise in new business volumes.

Myanmar Manufacturing PMI declined to a three month-low of 53.0 in June 2019 from 54.2 in a month earlier. Output grew at a slower rate, though remaining among the fastest in the series history, with growth in new business staying sharp. Additionally, buying activity rose modestly, reflecting greater production requirements. Employment grew marginally, while backlogs of work fell the least in three years as production was held back by ongoing electricity outages. On the price front, input cost inflation remained elevated, though eased slightly from May's recent peak. Meantime, the pace of charge inflation accelerated to the fastest since November 2018. Lastly, sentiment strengthened and was at the highest since the start of 2017, linked to new product development and planned investment in new technology.